Lisa simpson wants to have 1500000 in 30 years by making


Lisa Simpson wants to have $1,500,000 in 30 years by making equal annual end of the year deposits into a tax - deferred account paying 11.75 percent annually. What must Lisa's annual deposit be? Please show work so I can understand the calculations.

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Financial Management: Lisa simpson wants to have 1500000 in 30 years by making
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