In order to accumulate $500,000 after 25 years, calculate the amounts that must be invested at the

Question:

In order to accumulate $500,000 after 25 years, calculate the amounts that must be invested at the end of each year, if the invested funds earn:
a. 6% compounded annually.
b. 7% compounded annually.
c. 8% compounded annually.
d. 9% compounded annually. In each case, also calculate the total earnings.

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