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Martin wants to accumulate $ 1 5 0 , 0 0 0 saved up in 5 years, and he plans to make investments as follows:
Martin wants to accumulate $ saved up in years, and he plans to make investments as follows:
I. $ in year
II $ in years, months
III. A third investment in years, months
Martin will also require a withdrawal of $ at the end of years for personal reasons. Suppose all his investments earn compounded monthly. Determine the size of his third investment.
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