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Hal wants to establish a savings fund from which a community organization could draw $1,520 a year for 30 years. If the account earns 5
Hal wants to establish a savings fund from which a community organization could draw $1,520 a year for 30 years. If the account earns 5 percent, what amount does he have to deposit now to achieve this goal? Use Appendix 18 4. (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) Amount to be deposited $
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