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Answer: 9,140 Please do not use a financial calculator You want to have $50,000 in your savings account 5 years from now and you are

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Answer: 9,140 Please do not use a financial calculator

You want to have $50,000 in your savings account 5 years from now and you are prepared to make equal annual deposits into the account at the end of each year. If the account pays 4.5%, what amount must you deposit each year

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