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How much do you have to deposit today so that beginning 11 years from now you can withdraw $12,000 a year for the next 44

How much do you have to deposit today so that beginning 11 years from now you can withdraw $12,000 a year for the next 44 years (periods 11 through 14)

plus an additional amount of $24,000 in the last year (period14)? Assume an interest rate of 7 percent.

The amount of money you have to deposit today is $ _________?

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