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You plan to accumulate $419,000 over a period of 21 years by making equal annual deposits in an account that pays an annual interest rate
You plan to accumulate $419,000 over a period of 21 years by making equal annual deposits in an account that pays an annual interest rate of 15% (assume all payments will occur at the beginning of each year). What amount must you deposit each year to reach your goal? Question 14 options: $31,678.48 $3,526.64 $22,261.75 $3,066.64 $2,698.64
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