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content area left Part 1 Periodic Deposit $? at the end of each year Rate 7.25% compounded annually Time 10 years Financial Goal $120 comma
content area left Part 1 Periodic Deposit $? at the end of each year Rate 7.25% compounded annually Time 10 years Financial Goal $120 comma 000 a. Determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes from interest? . . . Question content area right Part 1 a. In order to have $120 comma 000 in 10 years, you should deposit $ enter your response here each year. (Do not round until the final answer. Then round up to the nearest dollar.) b. $ enter your response here of the $120 comma 000 comes from your deposits and $ enter your response here comes from interest. (Use the answer from part a to find this answer. Round to the nearest dollar as needed.)
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