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Find the amount needed to deposit into an account today that will yield pension payments of $15,000 at the end of each of the next
Find the amount needed to deposit into an account today that will yield pension payments of $15,000 at the end of each of the next 20 years if the account earns interest at a rate of 7.7%/yr compounded annually. (Round your answer to the nearest cent.)
Please show your work, and define variables if you list any
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