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Colin has inherited $6000 from the death of his grandmother.He would like to use the money to buyhis mother a new Harley scooter costing $7000

Colin has inherited $6000 from the death of his grandmother.He would like to use the money to buyhis mother a new Harley scooter costing $7000 two years from now.Will Colin have enough money to buy the scooter if he deposits his money in an account paying 8%compounded semi-annually.

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