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Corona has inherited RM6,000 from the death of Grandma Elisa. She would like to use this money to buy her mom Hayley a new scooter

Corona has inherited RM6,000 from the death of Grandma Elisa. She would like to

use this money to buy her mom Hayley a new scooter costing RM7,000 2 years from

now. Will Corona have enough money to buy the gift if she deposits her money in an

account paying 8 percent compounded semi-annually?

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