How much do you have to deposit today so that beginning 11


Question: How much do you have to deposit today so that beginning 11 years from now you can withdraw $10,000 a year for the next five years plus an additional amount of $20,000 in the last year? Assume an interest rate of 6%. How do you solve this using the financial calculator?

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Finance Basics: How much do you have to deposit today so that beginning 11
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