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Time left 0-19:04 Suppose that the parents of a young child decide to make annual deposits into a saving account with the first deposit being

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Time left 0-19:04 Suppose that the parents of a young child decide to make annual deposits into a saving account with the first deposit being made on the child's firth birthday and the last deposit being made on the 15 birthday. Then, starting on the child's 18" birthday (EOfour withdrawals will be made. The sequence of the amounts of withdrawals is $2000, $2400, $2800 and $3200. If the effective annual interest rate is o% during this period, what are the annual deposits in years 5 through 15? Use a uniform pradient amount in your solution and support your work by drawing the cash flow diagram Draw the cash flow diagram and solve the problem. Upload your answer in the moodle. Answer: FINISH ATTEM Time left 0-19:04 Suppose that the parents of a young child decide to make annual deposits into a saving account with the first deposit being made on the child's firth birthday and the last deposit being made on the 15 birthday. Then, starting on the child's 18" birthday (EOfour withdrawals will be made. The sequence of the amounts of withdrawals is $2000, $2400, $2800 and $3200. If the effective annual interest rate is o% during this period, what are the annual deposits in years 5 through 15? Use a uniform pradient amount in your solution and support your work by drawing the cash flow diagram Draw the cash flow diagram and solve the problem. Upload your answer in the moodle. Answer: FINISH ATTEM

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