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Your grandmother closed her bank account from a thrift bank and gotP 6 , 0 0 0 , 0 0 0 with the 8 %

Your grandmother closed her bank account from a thrift bank and gotP6,000,000 with the 8% annual interest given. She said she has been savingup a same amount each year for 30 years where 8% interest has beenapplied. How much would her annual savings deposits be when her lastdeposit was a year ago? ANS:49,041.3 show solution

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