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(1) How much should be deposited at t 0 into a fund paying 3% compounded per period in order to withdraw $2000 at t =

(1) How much should be deposited at t 0 into a fund paying 3% compounded per period in order to withdraw $2000 at t = 1, $1500 at t = 3, and $750 at t = 7 such that the fund is depleted at the last withdrawal? (Drawa cash flow diagram.)

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