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You need to have $31,500 in 9 years. You can earn an annual interest rate of 5 percent for the first 5 years, and 5.6

You need to have $31,500 in 9 years. You can earn an annual interest rate of 5 percent for the first 5 years, and 5.6 percent for the next 4 years. How much do you have to deposit today?

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