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Mathematics, 09.08.2021 01:00 timothyashburn8

Chris is saving for a down payment to buy a house. The account earns 3.9% interest compounded semi-annually, and he wants to have $8,000 in 10 years. What must his principal be? Round your answer to the nearest cent. Do not round at any other point in the solving process; only round your answer.

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