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As a young professor, Mr. Potato is planning to retire at 60 years old and expected to have $20,000,000 when he retires. Therefore, he is
As a young professor, Mr. Potato is planning to retire at 60 years old and expected to have $20,000,000 when he retires. Therefore, he is eagerly to make payment at the end of each year with the same amount and he will receive 7% interest rate on his account. How much will be Mr. Potatos deposit at the end of each year if he is 30 years old right now?
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