How much money should alicia put away into an investment

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Problem 1: Alicia receives alimony payments every 6 months and the next payment is tomorrow. Median homes go for $650000 and she wants to save $357,500 for 3 years. How much money should Alicia put away into an investment each time she receives alimony payments if she can get a 6% return a year?

Option 1: 56147

Option 2: 53659

Option 3: 49445

Option 4: 66872

Reference no: EM132760242

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