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How much needs to be deposited every year for seven years such that you will have accumulated $150,000 in the account immediately after making the
How much needs to be deposited every year for seven years such that you will have accumulated $150,000 in the account immediately after making the seventh deposit? The interest rate is 10% per year. Include the cash flow diagram in your supporting work. Enter your calculated answer below (round to the nearest dollar). You borrow $50,000 from the bank and agree to make equal monthly payments for the next 60 months. If the interest rate is 1% per month, how much are the monthly payments? Include the cash flow diagram in your supporting work. Enter your calculated answer below (round to the nearest dollar)
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