Assume that you want to earn 10 from now through the end of, Finance Basics

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Assume that you want to earn 10 from now through the end of

Assume that you want to earn 10% from now through the end of your retirement. You want to make 20 end of year deposits in your retirement account that will fund the 30 year stream of $20,000 annual annuity payments. How large do your annual deposits have to be?

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Finance Basics: Assume that you want to earn 10 from now through the end of

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