Question: Brad would like to be able to withdraw from his account $2,000 in one year, $3,000 in 2 years, and 1,000 in 3 years. He

Brad would like to be able to withdraw from his account $2,000 in one year, $3,000

in 2 years, and 1,000 in 3 years. He earns 3% rate of interest in his account. How

much money does Brad need to put into this account today?"

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