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Business, 14.11.2019 19:31 awesomegrill

You want to travel to europe to visit relatives when you graduate from college three years from now. the trip is expected to cost a total of $10,000. your parents have deposited $5,000 for you in a cd paying 6% interest annually, maturing three years from now. aunt hilda has agreed to finance the balance. if you are going to put aunt hilda's gift in an investment earning 10% annually over the next three years, how much must she deposit now so you can visit your relatives in three years?

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