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Two years ago Caroline invested $ 2 0 0 0 0 she has earned and will earn a compound interest of 1 4 . 7

Two years ago Caroline invested $20000 she has earned and will earn a compound interest of 14.7 Percent per year. One year from today Marty can make an investment and earn simple interest of 8.8% per year. If Marty wants to have as much in four years from today as Caroline will having four years from today then how much should Marty invest in one year from today.

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