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4. How much must you deposit at the end of each year for 10 years to fund a perpetuity of $2500 per year with the

4. How much must you deposit at the end of each year for 10 years to fund a perpetuity of $2500 per year with the 1 st payment in 15 years? Interest rate is 6% year compounded annually for 15 years, then 9%/ year compounded monthly. Answer: $1,652.63

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