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Say a real estate investor needs $ 1 0 , 0 0 0 in five years to replace refrigerators in an apartment complex that he
Say a real estate investor needs $ in five years to replace refrigerators in an apartment complex that he or she owns. The investor is prepared to make a deposit immediately and at the beginning of each of the following years into an account that yields per year. What amount should the investor deposit each time in order to accumulate the $
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