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You want to have $44,000 in your savings account 7 years from now, and you're prepared to make equal annual deposits into the account at

You want to have $44,000 in your savings account 7 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. (ch.6)

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If the account pays 6.9 percent interest, what amount must you deposit each year?

rev: 09_17_2012

$6,285.71
$3,035.98
$5,099.90
$8,138.92
$3,036.01

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