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How large an equal annual end-of-year deposit

Problem:

A home costs $350,000. Inflation is expected to be 5% (percent) per year over the next 20 years. How large an equal annual end-of-year deposit must be made into an account paying an interest of 13% in order to buy the house at the end of 20 years.

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Finance Basics: How large an equal annual end-of-year deposit

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