Mathematics
Mathematics, 22.09.2021 14:00, elijahcraft3

Ravi needs to invest to help with his child's college fund. How much would he have to invest to have $63,400 after 11 years, assuming an interest rate of 2.21% compounded annually?
Do not round any intermediate computations, and round your final answer to the nearest dollar. If necessary, refer to the list of financial formulas.

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