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I need to find the formula for this question? $102,828 needs to be accumulated for tuition. Equal year-end deposits are made in a savings account
I need to find the formula for this question?
$102,828 needs to be accumulated for tuition. Equal year-end deposits are made in a savings account for the next 15 years. The savings account pays 13.29 percent per year, compounded annually.How much will each annual payment be?
Round the answer to two decimal places.
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