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Use the appropriate formula to find how much you should deposit now at 7% interest, compounded annually, to yield an annuity payment of $1,900 at
Use the appropriate formula to find how much you should deposit now at 7% interest, compounded annually, to yield an annuity payment of $1,900 at the BEGINNING of each year, for 15 years. $17,305.04 $17,948.63 $18,516.39 $23,577.18
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