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B). Cinderella is considering an investment that pays 6 per cent per annum. How much will she have to invest today so that the investment

B). Cinderella is considering an investment that pays 6 per cent per annum. How much will she have to invest today so that the investment will be worth $22 000 in 6 years? (2 Marks for correct timeline, 2 Marks for correct formula, 4 marks for correct working and 2 Marks for correct answer to equal a total of 10 Marks)

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