Question: Aida received the proceeds from an inheritance on June 1 2 . She wants to set aside enough on June 1 3 so that she

Aida received the proceeds from an inheritance on June 12. She wants to set aside enough on June 13 so that she will have $25,000 available on September 21 to purchase a car when the new models are introduced. If the current interest rate on 91- to 180-day deposits is 9.00%, what amount should she place in the term deposit? For full marks your answer(s) should be rounded to the nearest cent.
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