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P6-34 (similar to) Question Help (Related to Checkpoint 6.1) (Annuity payments) Lisa Simpson wants to have $1,600,000 in 30 years by making equal annual end-of-the-year

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P6-34 (similar to) Question Help (Related to Checkpoint 6.1) (Annuity payments) Lisa Simpson wants to have $1,600,000 in 30 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 9.25 percent annually. What must Lisa's annual deposit be? The amount of Lisa's annual deposit must be $ (Round to the nearest cent.)

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