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helppp plzz A local charity has just received a donation for $75,000 as well as the promise of another $50,000 contribution in one year. The
helppp plzz
A local charity has just received a donation for $75,000 as well as the promise of another $50,000 contribution in one year. The contributions will be invested in an account earning 112-4.8% until needed for the purchase of new equipment. The money will be withdrawn in two equal amounts. The first withdrawal will be in 3 years and the second will be in 4 years. Calculate the amount of each withdrawal Your Step by Step Solution
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