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Henry Weatherspoon, a super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on an 9% basis that will enable him to
Henry Weatherspoon, a super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on an 9% basis that will enable him to withdraw $15,390 per year on June 30 , beginning in 2024 and continuing through 2027 . To develop this fund, Henry intends to make equal contributions on June 30 of each of the years 2020-2023. (a) (b) Click here to view factor tables What are each of Henry's contributions to the fund? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581. Henry's contributions to the fund $
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