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man wants to accumulate $200,000 retirement fund. He made the first deposit on May 1, 1995, and his plan calls for the last deposit to
man wants to accumulate $200,000 retirement fund. He made the first deposit on May 1, 1995, and his plan calls for the last deposit to be made on September 1, 2015. Determine the size of each deposit needed if he makes the deposits monthly in a fund that pays 3% per annum compounded monthly. (15 points)
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