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You need to have $ 3 3 , 5 0 0 in 1 4 in years. You can earn an annual interest rate of 5

You need to have $33,500 in 14 in years. You can earn an annual interest rate of 5 percent for the first 4 years, 5.6 percent for the next 3 years, and 6.3 percent for the final 7 years. How much do you have to deposit today?

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