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You bought a new house and want to build a garage in 10 years. The cost of the garage is $150,000 and you are going

You bought a new house and want to build a garage in 10 years. The cost of the garage is $150,000 and you are going to start saving for this investment. If you are earning 3.5% annually on deposits, how much does the annual payment need to be to reach the goal of $150,000?

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