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Stella deposits $X today into her savings account. The amount is sufficient for her to make 15 quarterly withdrawals of $2,000 starting in 3 months

Stella deposits $X today into her savings account. The amount is sufficient for her to make 15 quarterly withdrawals of $2,000 starting in 3 months time. The interest rate is 5% p.a. compounded half-yearly. Calculate the amount $X she needs to deposit today. (Round your answer to the nearest cent.) (3 marks) write in formulas

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