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Dr.J. wants to buy a Dell computer which will cost $2988 four years from today. He would like to set aside an equal amount at

Dr.J. wants to buy a Dell computer which will cost $2988 four 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 5% annual return. How much should he set aside? a. 823.15 b. 531.81 c. 693.27 d. 627.93

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