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Jed and Abby currently have $1,250,000 they would like to give to charity over the next 10 years. If they make equal yearly payments beginning
Jed and Abby currently have $1,250,000 they would like to give to charity over the next 10 years. If they make equal yearly payments beginning one year from today, approximately how much will they give to charity every year? Assume an effective annual interest rate of 13%
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