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c. At the end of 4 years you will receive $12,000 and deposit this in the bank toward your goal of $57.000 at the end

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c. At the end of 4 years you will receive $12,000 and deposit this in the bank toward your goal of $57.000 at the end of 11 years. In addition to this dopo, how much must you deposit in equal annual deposits to reach your goal? (Again assume you can earn 5 percent on this deposit) (Round to the nearest cont.)

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