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You need to buy a computer system in 7 years for $40,000 and $30,000 in year 8. The interest rate is 6% in year7 and
You need to buy a computer system in 7 years for $40,000 and $30,000 in year 8. The interest rate is 6% in year7 and 7% in year 8. How much do you set aside now to buy the system?
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