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Can someone help me work a problem out? How large a sum must Sunrise accumulate by the end of year 12 to provide the 20-year,
Can someone help me work a problem out? How large a sum must Sunrise accumulate by the end of year 12 to provide the 20-year, $42,000 annuity? PVn= CF/r x (1- 1/(1+r)n) I can't figure out how to use this equation.
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