S-47A. (Compounding using a calculator) Lisa Simpson wants to have $1,000,000 in 45 years by making equal

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S-47A. (Compounding using a calculator) Lisa Simpson wants to have $1,000,000 in 45 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 8.75 percent annually. What must be Lisa's annual deposit? .

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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