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Tony Hitchcock is 43 years old today and he wishes to accumulate $469,000 by his 67th birthday so he can retire to his summer place

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Tony Hitchcock is 43 years old today and he wishes to accumulate $469,000 by his 67th birthday so he can retire to his summer place on Lake Hopatcong. He wishes to accumulate this amount by making equal deposits on his 43th through his 66th birthdays. What annual deposit must Tony make if the fund will earn 10% interest compounded annually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) x 5299.59491 Annual deposit Click if you would like to Show Work for this question: Open Show Work

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