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e=9903 Question 3 There was a farmer who had a dog, and Bingo was his name. In 4 years, Bingo would need a surgery which

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Question 3 There was a farmer who had a dog, and Bingo was his name. In 4 years, Bingo would need a surgery which would cost $E at the time of the surgery. How many dollars does the farmer need to save each year to cover the cost of Bingo's surgery? Assume that the annual interest rate is 5%. (Round your final answer to the nearest cent.) [10 Marks]

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