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Help1 what formula do I use?? You need to make a purchase in 10 years that will cost you $454,359.39. To save for this, you

Help1 what formula do I use??

You need to make a purchase in 10 years that will cost you $454,359.39. To save for this, you wish to make a single deposit today. If interest compounds annually,

and the interest rate for your account is 11.22%, how much must you deposit right now so that you have enough money saved when you need it?

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You need to make a purchase in 10 years that will cost you $454,359.39. To save for this, you wish to make a single deposit today. If interest compounds annually,
and the interest rate for your account is 11.22%, how much must you deposit right now so that you have enough money saved when you need it?