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9. Company ABC intends to purchase manufacturing equipment in the future. To this end, it intends to raise capital of $150,000 over 10 years. How

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9. Company ABC intends to purchase manufacturing equipment in the future. To this end, it intends to raise capital of $150,000 over 10 years. How much does the company need to deposit annually in a bank account bearing an interest of 11% per annum to raise this amount if payments are made at the end of every period? (1 Point) O $9,500.45 ade

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