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1. A deposit is to be made today, and a second deposit, which is one-half the first, is to be made two years from now.

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1. A deposit is to be made today, and a second deposit, which is one-half the first, is to be made two years from now. In addition, a withdrawal of 1000 is made one year from now, and another withdrawal of 2000 is made five years from now. Five years from now, the account has a zero balance. The annual effective interest rate for the account is 5%. What is the amount of the initial deposit

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