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You need to accumulate $18,000 to fund a round-the-world trip in 5 years time. To do this, you will make 10 equal deposits (half yearly)

You need to accumulate $18,000 to fund a round-the-world trip in 5 years time. To do this, you will make 10 equal deposits (half yearly) with the first deposit today. If you earn 9.5% per annum compounding twice yearly, what regular deposit will be needed? (round to nearest cent; dont use $ sign or commas)

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