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You want to have $41,000 in your savings account 9 years from now, and you're prepared to make equal annual deposits into the account at
You want to have $41,000 in your savings account 9 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. Required: If the account pays 6.9 percent interest, what amount must you deposit each year? $6,311.48 $4,555.56 $3,437.20 $2,829.01 $2,828.99
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