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When Victor is 10 years old, his father deposits acertain amount of money in a university fund that pays 12.4%capitalized semiannually. When Víctor turns 15, his father willdeposit an amount equal to the one initially deposited and, when heturns 18, he will start receiving $ 65,000 from the fund eachsemester, starting at that moment, for 5 years, in order to pay forhis career. the value of the 2 deposits.
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