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Please show detail of each step. please show complete formulas. Thank you 3) You want to fully fund an annuity that will pay you $1000
Please show detail of each step. please show complete formulas. Thank you
3) You want to fully fund an annuity that will pay you $1000 per year for 20 years. You find an account that will pay 6% per year, compounded annually. How much must you deposit today in order to fund this annuity to make the payments you intend it to
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