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Suppose for annuity due, you want to have $30,000 in the bank for 20 years. Assuming you make deposits at the beginning of each year
Suppose for annuity due, you want to have $30,000 in the bank for 20 years. Assuming you make deposits at the beginning of each year at an interest rate of 4%. How much would you have to deposit at the start of the each year assuming each deposit in the same amount?
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