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Lisa Simpson wants to have $ 1,100,000 in 40 years by making equal annualend-of-the-year deposits into atax-deferred account paying 10.25 percent annually. What mustLisa's annual

Lisa Simpson wants to have $1,100,000 in 40 years by making equal annualend-of-the-year deposits into atax-deferred account paying 10.25 percent annually. What mustLisa's annual depositbe?

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