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Problem 9-24 (calculator version) Joe Macro wishes to have accumulated $60.000 ten years from today by making an equal annual deposit into an account that

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Problem 9-24 (calculator version) Joe Macro wishes to have accumulated $60.000 ten years from today by making an equal annual deposit into an account that pays 10 percent, compounded quarterly a. What is the effective annual interest rate? (Use a Financial calculator to arrive at the answer. Round the final answer to 2 decimal places.) Effective annual interest rate 10.38% b. How large an annual deposit is required to meet Joe's objective? (Use a Financial calculator to arrive at the answer. Round the final answer to the nearest whole dollar.) Annual deposit amount $3696 c. How large an annual deposit is required if the deposits are made at the beginning of each year? (Use a Financial calculator to arrive at the answer. Round the final answer to the nearest whole dollar.) Annual deposit amount

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