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A couple wants to have an annuity of 25,000 payable at the beginning of each year for 10 years. If they have 20 years to

A couple wants to have an annuity of 25,000 payable at the beginning of each year for 10 years. If they have 20 years to save for that annuity, how much must be saved from their annual year-end bonus? Assume a 5% interest rate.

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