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De Homework Ayodey Euwole - Google Chrome @mathod.com/Student/PlayerHomework.aspx?homeworkld=567717274&questionld=15&flushed=true&cid=6054563¢erwin=yes Business Finance (FINA 3313) Ayodeji Eluwole & 1 06/22/20 10:26 AM Homework: Chapter 5 Homework Save Score:

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De Homework Ayodey Euwole - Google Chrome @mathod.com/Student/PlayerHomework.aspx?homeworkld=567717274&questionld=15&flushed=true&cid=6054563¢erwin=yes Business Finance (FINA 3313) Ayodeji Eluwole & 1 06/22/20 10:26 AM Homework: Chapter 5 Homework Save Score: 0 of 1 pt 15 of 18 (15 complete) HW Score: 67.49%, 12.15 of 18 pt X P5-45 (similar to) Question Help Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $181,000. Inflation is expected to cause this price to increase at 5% per year over the 17 years before C. L. Donovan retires. If Donovan ears 9% on his investments, ow large must an equal, end-of-year deposit must be to provide the cash needed to buy the home 17 years from now? The equal annual end-of-year deposit to be made each year into the account is s (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer All parts showing

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