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What sum deposited today at 8% compounded annually for 8 years will provide the same amount as $900 deposited at the end of each year

What sum deposited today at

8% compounded annually for

8 years will provide the same amount as $900

deposited at the end of each year for 8

years at 6%

compounded annually?

Part 1

What sum would have to be deposited today at

interest compounded annually?

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