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5. You wish to set aside a fund of money to provide for your younger siblings. You estimate you will need $7,000 at the end

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5. You wish to set aside a fund of money to provide for your younger siblings. You estimate you will need $7,000 at the end of each of the next 3 years and $7,500 at the end of each of che next 4 years after that. What amount of money, deposited today, will provide these funds f you can earn an annual interest rate of 6%? (2.5 points)

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