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Use one of these formulas to solve 5. Lisa James expects to retire in fifteen years and she expects to live ten years after she

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Use one of these formulas to solve

5. Lisa James expects to retire in fifteen years and she expects to live ten years after she retires. Lisa would like to have $20,000 available at the beginning of each year of her retirement. How much would Lisa need to deposit at the end of each of the next ten years in order for her to reach her retirement objective? The deposits will be made into an account that earns 10% interest. $5,266.63 PV=(1+i)nFVPVA=iPMT[1(1+i)n1]PVADUE=iPMT[1(1+i)n1](1+i)PVGA=igPMT[1(1+i)n(1+g)n]EPR=mAPREAR=(1+mAPR)m1FV=PV(1+i)nFVA=iPMT[(1+i)n1]FVADUE=iPMT[(1+i)n1](1+i)FVGA=igPMT[(1+i)n(1+g)n]EPR=(1+EAR)m11

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