Calculate the amount of jeffs payment


Problem

Jeff makes payments at the end of each year into an account for 10 years. The present value of J eff's payments is 5,000. Ryan makes a payment equal to Jeff's payment at the beginning of each year for 11 years into the same account. The present value of Ryan's payments is 5,900. Calculate the amount of Jeff's payment.

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Accounting Basics: Calculate the amount of jeffs payment
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