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Samuel would like to accumulate $ 4 9 , 9 1 8 in his savings account at the end of 8 years. If effective annual

Samuel would like to accumulate $

49, 918

in his savings account at the end of

8

years. If effective annual interest rate is

14 % .

What would be the amount of equal deposit at the end of each year for

5

years.

Round your answer to two decimal places.

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