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Assume that you want to make annual deposits in order to save $2million in 30 years, and you can achieve a 10% annual interest rate.

Assume that you want to make annual deposits in order to save $2million in 30 years, and you can achieve a 10% annual interest rate. Also assume that you can increase your annual deposit by 5% each year.

What is your initial deposit amount____

What is your final deposit amount_

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