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Jenny wants to purchase a land valued at $30,000 in the next 5 years. She can invest in a project that will yield interest

Jenny wants to purchase a land valued at $30,000 in the next 5 years. She can invest in a project that will 

Jenny wants to purchase a land valued at $30,000 in the next 5 years. She can invest in a project that will yield interest at 6% p.a. How much must she invest annually? (5pts)

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