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rate. Your last deposit, which will oceur at the end of Year 6 , will be for less than $1,500 a less is needed to

rate. Your last deposit, which will oceur at the end of Year 6 , will be for less than $1,500 a less is needed to reach $10,000. Hew large will your iast payment be? Do not round intermediate calculations. Mound your answer to the nearest cent. 3

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