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mathad.com/Student/PlayerHomeopathomeworld-567717274&questionid-3flushed-tradd-6054563.centerwin-yes Business Finance (FINA 3313) Ayodeji Eluwole & 06/21/20 9:55 PM Save Homework: Chapter 5 Homework Score: 0 of 1 pt X P5-45 (similar to)

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mathad.com/Student/PlayerHomeopathomeworld-567717274&questionid-3flushed-tradd-6054563.centerwin-yes Business Finance (FINA 3313) Ayodeji Eluwole & 06/21/20 9:55 PM Save Homework: Chapter 5 Homework Score: 0 of 1 pt X P5-45 (similar to) 15 of 18 (14 complete) HW Score: 67.49%, 12.15 of 18 pt Question Help Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $191,000 Inflation is expected to cause this pnce to increase at 4% per year over the 25 years before C L Donovan retires. If Donovan earns 11% on his investments, ow large must an equal, end-of-year deposit must be to provide the cash needed to buy the home 25 years from now? The equal, annual end of year deposit to be made each year into the account is 4.45031" (Round to the nearest cent) Question is complete. Tap on the red indicators to see incorrect answers All parts showing Similar Question 56 PM O E 6

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