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a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much come from

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a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much come from interest? Periodic Deposit Rate Time Financial Goal $? at the end of each year 6% compounded annually 16 years S140,000 a. The periodic deposit is $10 (Do not round until the final answer. Then round up to the nearest dollar as needed.)

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