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may and june have both started college today. may expects to save $ 5 , 0 0 0 at the end of each year for

may and june have both started college today. may expects to save $5,000 at the end of each year for the next 25 years. June also plans to save some money each year, but plans to start right after she graduates in 4 years. Both may and june will stop their contributions at the same time, i.e. at the end of 25 years from today. What should June's contribution be, so that they both have exactly the same amount of money in their bank account in 25 years. Assume that the interest they receive id 8.00% per year.

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