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pot a fiked amount into an account at the end of each year for 10 years. The Knutson Corporation expects to oam 10 percent annually
pot a fiked amount into an account at the end of each year for 10 years. The Knutson Corporation expects to oam 10 percent annually on the maney in thin accotim Watut equal annual coctifibution must the frm make to this account to accumulate the $15 milson by the end of 10 years? The equal annual contrizetion the firm must make to this account is 4 (Reand to the noarest cent)
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