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Your daughter is born today and you want her to have $1.5 million dollars by the time she is 35 years old. You open an

Your daughter is born today and you want her to have $1.5 million dollars by the time she is 35 years old. You open an investment account that promises to pay 8% per year. How much money must you deposit each year, starting on her 1st birthday and ending on her 35th birthday, so your daughter will have $1,500,000 at age 35

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