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NEED HELP ASAP A young couple wishes to accumulate $ 25,000 at the end of 2 years so that they can make a down payment
NEED HELP ASAP
A young couple wishes to accumulate $ 25,000 at the end of 2 years so that they can make a down payment on a house. What should their equal end-of-year deposits be to accumulate the $ 25, 000, assuming a 5% rate of interest? The annual deposit should be $ nothing. (Round to the nearest cent.)
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