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Minh has just received an inheritance from her grandfather s estate. She will be entering college in 3 years and wants to immediately purchase three

Minh has just received an inheritance from her grandfathers estate. She will be entering college in 3 years and wants to immediately purchase three compound interest investment certificates having the following maturity values and dates: $5000 at the beginning of her first academic year, $6000 at the beginning of her second year, and $7000 at the beginning of her third year. She can obtain interest rates of 6% compounded semiannually for any terms between three and five years, and 6.6% compounded quarterly for terms between five and seven years. What principal amount should she invest in each certificate?

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