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3. The Kellys are planning for a retirement home. They estimate they will need $220,000 4 years from now to purchase this home. Assuming an

3. The Kellys are planning for a retirement home. They estimate they will need $220,000 4 years from now to purchase this home. Assuming an interest rate of 10%, with four equal amounts being deposited at the beginning of the period. What amount must be deposited at the beginning of each period?

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