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How much money must be deposited now at 5% interest per year compounded annually so that $1,000 can be withdrawn at the end of every

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How much money must be deposited now at 5% interest per year compounded annually so that $1,000 can be withdrawn at the end of every year for the next 10 years? It is estimated that the maintenance cost on a used car will be $300 the first year. Each subsequent year, the maintenance cost will increase by $50. At an interest rate of 6% per year, what is the equivalent equal uniform annual cost of maintaining the car for its 10 year life

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