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How much will each sibling contribute to the cost of the gic

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Question - Lauren would like to send her parents on a $30 000 European trip for their 35th wedding anniversary in 15 years. She has the opportunity to invest in a GIC that earns 5.7%, compounded semi-annually. Her brother and sister have agreed to split the cost of the GIC with her. How much will each sibling contribute to the cost of the GIC?

Reference no: EM133133152

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