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Judy will be withdrawing $15,000 a year from her savings account starting Jan. 1, 1990 and ending Jan. 1, 1993. The account pays 8% interest.
Judy will be withdrawing $15,000 a year from her savings account starting Jan. 1, 1990 and ending Jan. 1, 1993. The account pays 8% interest. How much should she deposit on Jan. 1, 1989 to meet these withdrawals?
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