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A supplier of certain suspension system parts for General Motors wants to have a contingency fund that it can draw on during down periods of

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A supplier of certain suspension system parts for General Motors wants to have a contingency fund that it can draw on during down periods of the economy. The company wants to have $10 million in the fund 5 years from now. If the company deposits $1million now, what uniform amount must it add at the end of each of the next 5 years to reach its goal if the fund earns a rate of return of 10% per year, is closest to? $-1374200AO $-1304200.BU $-1370200.CO $-1372200.DO

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