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You want to buy an IBM personal computer which will cost $ 2 , 7 8 8 four years from today. You would like to

You want to buy an IBM personal computer which will cost $2,788 four years from today. You would like to set aside an equal amount at the end of each year to accumulate the amount needed. You can earn a 7% annual return. How much should you set aside?
a
$697.00
b
$627.94
c
$823.15
d
$531.81

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