Making equal annual end-of-the-year deposits into a, Financial Management

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Making equal annual end-of-the-year deposits into a

Lisa Simpson wants to have exist1, 100,000 in 60 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 10.25 percent annually. What must Lisa's annual deposit be?

The amount of Lisa's annual deposit must be exist_ (Round to the nearest cent.)

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