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Morgan Madison needs $244,400in10years. How much must he invest at the end of each year, at5% interest, to meet his needs? (Round factor values to

Morgan Madison needs $244,400in10years.

How much must he invest at the end of each year, at5% interest, to meet his needs?(Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)

Investment amount$

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