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Time Value of Money Calculation How much do you have to deposit today so that beginning 11 years from now you can withdraw $10,000 a

Time Value of Money Calculation

How much do you have to deposit today so that beginning 11 years from now you can withdraw $10,000 a year for the next 5 years (periods 11 through 15) plus an additional amount of $15,000 in that last year (period 15)? Assume an interest rate of 9%.

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