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Yelena inherits $125 000. She wants to invest part of it for her college fund. How much should she invest in a GIC earning 9.5%/a

Yelena inherits $125 000. She wants to invest part of it for her college fund. How much should she invest in a GIC earning 9.5%/a compounded monthly to ensure that she has $100 000 in savings 3 years from now?

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