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In 3 years from today, Maya expects to invest $16,000 in an account. She also expects to make an investment of X in the same
In 3 years from today, Maya expects to invest $16,000 in an account. She also expects to make an investment of X in the same account in 1 year from today. What is X if Maya expects to have $37,000 in her account in 5 years from today and the expected return for the account is 8.9 percent per year?
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