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Question 11 of 14 Jack wants to have exactly $15000 in his investment account in exactly 14 years. He plans to make exactly 14 annual
Question 11 of 14 Jack wants to have exactly $15000 in his investment account in exactly 14 years. He plans to make exactly 14 annual deposits to his account starting in exactly 1 year. He believes that we will earn an annual compounded rate of return of 11.2%. What is the exact amount of the required annual deposits? [Round to 2 decimal places. DO NOT use commas in your response.] Annual Payments = $ 422.62 Mark for Review What's This
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