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To purchase a new party boat in five years, Captain Jack Sparrow need $25,000. If he intends to deposit a lump sum today into an

To purchase a new party boat in five years, Captain Jack Sparrow need $25,000. If he intends to deposit a lump sum today into an account with an annual percentage yield (APY) of 4.0%, how much does he need to deposit today to achieve his goal

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