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David and Helen Zhang are saving to buy a boat at the end of five years. If the boat costs $ 2 0 , 0
David and Helen Zhang are saving to buy a boat at the end of five years. If the boat costs $ and they can earn a year on their savings, how much do they need to put aside at the end of years through Do not round intermediate calculations. Round your answer to decimal places.
Hint: $ is the FV of this year annuity
Answer is complete but not entirely correct.
tableAnnual savings,$
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