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

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Suppose that the parents of a young child decide to make annual deposits into a savings account with the first deposit being made on the child's fifth birthday and the last deposit being made on the 15th birthday. Then, starting on the child's 18th birthday, the withdrawals as shown on the diagram below will be made. If the effective annual interest rate is 8% during this period of time, what are the annual deposits in years 5 through 15? Use a uniform gradient amount (G) in your solution Click the icon to view the diag Click the icon to view the intere More Info The annual deposits in years 5 thro 1 3.700 os 3,200 2.700 2,200 Years 18%/yr 5th Birthday 6 7 8 9 10 11 12 13 14 15 16 17 Enter your answer in the answer All parts showing 18 19 20 21 Check

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