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(Related to Checkpoint 6.1) (Annuity payments) Lisa Simpson wants to have $1,500,000 in 55 years by making equal annual end-of-the-year deposits into a tax-deferred account

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(Related to Checkpoint 6.1) (Annuity payments) Lisa Simpson wants to have $1,500,000 in 55 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 8.50 percent annually. What must Lisa's annual deposit be? ..... The amount of Lisa's annual deposit must be $( (Round to the nearest cent.)

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