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Dr . J . wants to buy a Dell computer that will cost $ 1 0 , 7 7 4 , 8 years from today.

Dr. J. wants to buy a Dell computer that will cost $10,774,8 years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn an 8% annual return. How much should he set aside at the end of each year?

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