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Posted on Aug 29, 2024

You want to accumulate $ 2 0 0 , 0 0 0 in savings in 2 0 years. If the bank pays you 1 0

You want to accumulate $

200, 000

in savings in

20

years. If the bank pays you

10 %

compounded annually, how much should you deposit in the account each year?

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