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Using Excel OR your financial function calculator complete P5-44 on page 209 of the text. As always, show your work. If you are using the

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Using Excel OR your financial function calculator complete P5-44 on page 209 of the text. As always, show your work. If you are using the financial function calculator, identify your inputs. If you are using Excel, attach your workbook Hint: you will need to find the FV of the $185,000 after twenty years of 6% inflation first. P5-44 Accumulating a growing future sum A retirement home at Deer Trail Estates now costs $185,000. Inflation is expected to cause this price to increase at 6% per year over the 20 years before C. L. Donovan retires. How large an equal, annual, end-of- year deposit must be made each year into an account paying an annual interest rate of 10% for Donovan to have the cash needed to purchase a home at retirement

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