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5. A man invested in a college education plan for his son. He plans to deposit equal amounts of money for five consecutive years starting

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5. A man invested in a college education plan for his son. He plans to deposit equal amounts of money for five consecutive years starting one year from now. If he wants his son to be able to withdraw P1,000,000 ten years from now at 8% interest compounded annually, what is the amount of each deposit

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