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25. Chelsey Cooper has been working as a financial analyst for the past 25 years...

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Finance

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25. Chelsey Cooper has been working as a financial analyst for the past 25 years and has been saving in a fund that pays an interest of 12%. Her savings have grown to $640.000 now. Assume that Chelsey has been investing money at the beginning of each year. Calculate the amounts she has been depositing every year. [4 marks]

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