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Annuity payments - Lisa Simpson wants to have $1,200,000 in 30 years by making equal annual end of the year deposits into a tax-deferred account
Annuity payments - Lisa Simpson wants to have $1,200,000 in 30 years by making equal annual end of the year deposits into a tax-deferred account paying 10.00 percent annually. What must lisa's annual deposit be?
The amount of Lisa's annual deposit must be?Round to the nearest cent
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