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A series of 10 end of the year deposit is made that begins with 7500 at the end of year 1 and decreases at the
A series of 10 end of the year deposit is made that begins with 7500 at the end of year 1 and decreases at the rate of $300 per year with 11% interest.
1. what amount could be withdrawn at t-10?
2. what uniform annual series of deposits (n-10) would result in the same accumulated balance at the end of year 10?
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