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P5-45 (similar to) Question Help Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $124,000. Inflation is

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P5-45 (similar to) Question Help Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $124,000. Inflation is expected to cause this price to increase at 7% per year over the 15 years before C L. Donovan retires. If Donovan earns 8% on his investments, ow large must an equal, end-of-year deposit must be to provide the cash needed to buy the home 15 years from now

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