When Dallas cowboy linebacker DeMarcus Ware renegotiated his contract in October 2009, he received a $20million signing bonus, but payment of $1 million of the bonus was deferred to march 2011. Assuming the Cowboys could have made an investment at 4.5% interest compounded monthly,what amount of money would they have needed to invest in October 2009 so that the investment would be worth the $1 million they had to pay Demarcus Ware in March 2011

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