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Janice would like to send her parents on a cruise tor their 2 5 th wedding anniversary. She has priced the cruise at S 1

Janice would like to send her parents on a cruise tor their $25$ th wedding anniversary. She has priced the cruise at S $15, 000$ and.she has $5$ years to accumulate

this money. How much must Janice deposit annually in an account paying $10$ percent interest in order to have enough money to send her parents to the

cruise?

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