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Suppose that the parents of a young child decide to make annual deposits into savings account, with the first deposit being made on the child's

image text in transcribed Suppose that the parents of a young child decide to make annual deposits into savings account, with the first deposit being made on the child's 5th birthday and the last deposit being made on the 15th birthday. Then, starting on the child's 18th birthday, the withdrawals as shown will be made. If the effective annual interest rate is 8% during this period of time, what are the annual deposits in year 5 through 15? Use uniform gradient amount (G) in your solution. (See Figure 5.3)

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