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Sarah wants to put aside a certain amount today so that she can spend $10,000 twenty-six years from now and $6,000 twenty-seven years from now.

Sarah wants to put aside a certain amount today so that she can spend $10,000 twenty-six years from now and $6,000 twenty-seven years from now. How much must she put aside if the interest rate is 2% per year? How many years will it take to double your investment if you can earn 0.67% per month?

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