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uncle guido wants to give you a gift. He tells you he will write a check to you of $1500 in 1 year, $2,600 in
uncle guido wants to give you a gift. He tells you he will write a check to you of $1500 in 1 year, $2,600 in year 2 and $3,000 in year 3. How much does Guido have to set aside now in order to have sufficient funds to write all of those checks? assume a 10% rate
a. timeline? b. problem type? c. solution?
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