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What is the amount of the payments that John Winslow must make at the end of each of 8 years to accumulate a fund of
What is the amount of the payments that John Winslow must make at the end of each of 8 years to accumulate a fund of $97,100 by the end of the 8 th year, if the fund earns 8% interest, compounded annually? (Round factor values to 5 decimal places, e8. 1.25124 and final answer to 0 decimal places, es. 458,581 .) Payment at the end of each year eTextbook and Media Attempts: 0 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 1
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