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The Kellys are planning for a retirement home. They estimate they will need $230,000 4 years from now to purchase this home. Assuming an interest

The Kellys are planning for a retirement home. They estimate they will need $230,000 4 years from now to purchase this home. Assuming an interest rate of 11%, what amount must be deposited at the end of each of the 4 years to fund the home price?

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