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Helen plans to travel to Australia after 8 years from now, as then she will...

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Accounting

Helen plans to travel to Australia after 8 years from now, as then she will turn 30. When she starts her travel, she wants to be able to withdraw 6125 from her bank account. Calculate the amount she now has to deposit in her bank account. The interest rate is 1,5 % (p.a.) and the tax at source rate is 30 %.

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