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4. You want to have S95,000 in your account, ten years from now in order to buy a Mercedes. You decided to deposit some equal

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4. You want to have S95,000 in your account, ten years from now in order to buy a Mercedes. You decided to deposit some equal annual of payments at the end of each year in Koop Bank to fulfill your desire. Meanwhile, Koop Bank pays you 10 percent interest rate on your account. How much you need to deposit in your account each year

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