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You decide to send your favorite relative ( s ) on a safe trip to thank them for supporting you. You plan to begin saving

You decide to send your favorite relative(s) on a safe trip to thank them for supporting you. You plan to begin saving at the end of the current year, and want to save enough in five years to give them $4,500. You hope to invest an equal amount each year in an investment account that returns 6%. How much do you have to invest each year?

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