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Homework: HW Ch5 Question 21, P5-43 (similar to) HW Score: 28.53%, 99.86 of 350 points Points: 0 of 10 Save Deposits to accumulate future
Homework: HW Ch5 Question 21, P5-43 (similar to) HW Score: 28.53%, 99.86 of 350 points Points: 0 of 10 Save Deposits to accumulate future sums For the case shown in the following table, determine the amount of the equal, end-of-year deposits necessary to accumulate the given sum at the end of the specified period, assuming the stated annual interest rate. (Click on the icon here in order to copy the conte of the data table below into a spreadsheet.) Sum to be accumulated $138,300 Accumulation period (years) 16 Interest rate 14% The amount of the end-of-year annual deposit is $. (Round to the nearest cent.)
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