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Hal wants to establish a savings fund from which a community organization could draw $910 a year for 50 years. If the account earns 23

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Hal wants to establish a savings fund from which a community organization could draw $910 a year for 50 years. If the account earns 23 percent annual interest, what amount does he have to deposit now to achieve this goal? Use Exhibit 18.4 . (Round time value factors to 3 decimal places and final answer to the nearest dollar amount. Omit the "s" sign in your response.) Amount to be deposited

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