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1.How much do you have to deposit in an account paying 10 percent per annum if you want withdraw 12000 dollars at the end of

1.How much do you have to deposit in an account paying 10 percent per annum if you want withdraw 12000 dollars at the end of year 4 and then 1500 dollars at the end of each year for the next five years(from year 5 to year 9)?

(Please use excel)

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