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(Annuity payments) Lisa Simpson wants to have $1,500,000 in 35 years by making equal annualend-of-the-year deposits into atax-deferred account paying 8.00 percent annually. What mustLisa's

(Annuity payments)Lisa Simpson wants to have $1,500,000 in 35 years by making equal annualend-of-the-year deposits into atax-deferred account paying 8.00 percent annually.

What mustLisa's annual depositbe?

Round to Nearest Cent

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