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It is desired to invest a lump of money on a boy's 6th birthday to provide $2000 on each birthday from the 18th to 22nd,
It is desired to invest a lump of money on a boy's 6th birthday to provide $2000 on each birthday from the 18th to 22nd, bothinclusive. If interest of 10% can be obtained on a tax exempt investment, what must be the investment?
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