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You want to have $ 7 5 , 0 0 0 on your bank account 1 1 years from now. You want to deposit the

You want to have $75,000 on your bank account 11 years from now. You want to deposit the same amount every year, starKng at the end of this year, and you can earn 5% per year on your savings.
a. What would be your annual deposit?
b. Say that you make the first deposit today and the last one in 10 years, what
would be your annual deposit? Does it increase or decrease and why?

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