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1. You are going to buy a new bed in 4 years! The bed will then cost 25,000 ISK. What amount do you need to
1. You are going to buy a new bed in 4 years! The bed will then cost 25,000 ISK. What amount do you need to deposit today to own 25,000 after 4 years. If available, 10% annual interest with an update four times a year.
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