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* Please show steps to solve with explanation. *) Do not use Excel. I want to fully undustand the process of the proplem. Thank you!

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* Please show steps to solve with explanation. *) Do not use Excel. I want to fully undustand the process of the proplem. Thank you! You want to travel to Europe to visit family when you get your MBA 5 yrs. from now. The trip is expected to cast a total of $15,000, Your parents will deposit \$2,000 per year for three years and add no more for you and add no more for you in a CD paying 4% interest annually, maturing 5 years from now, uncle John is helping to finance the trip by depositing \$1,000 per year for 2 years and $2,000 at the end of year 4 in an account paying 6% interest. You can withdraw the sum of money at the end of year 5. Aunt ttilda has agreed to finance the balance. How inuch Aunt Hilda should deposit in equal' amount at the end of each year for 5 years earning 7% interest so that you can visit your family in Europe in five years

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