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The ABC Corporation needs to save $20 million to retire $20 million mortgage that matures in 10 years. To retire this mortgage, the company plans

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The ABC Corporation needs to save $20 million to retire $20 million mortgage that matures in 10 years. To retire this mortgage, the company plans to put a fred amount of the end of each year for ten years, with the first payment occurring at the end of the first year. The firm expects to earn 9% annually on the money in the account What equal annual contribution must it make to this account to accumulate the $20 milion dollars in to yours? A $3,684,523.72 $3,316,401.80 c $2.216,401.80 D. $5,116,173 20 E. 51,316,401,80

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