Calculate the amount must you deposit each year
You want to have $80,000 in your savings account 11 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.30 percent interest, what amount must you deposit each year?
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You want to have $80,000 in your savings account 11 years from now, and you're prepared to make equal annual deposits into the account at the end of each year.
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