You plan on making an equal deposit at the end of each year, Financial Management

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You plan on making an equal deposit at the end of each year

You plan on retiring at the end of forty years. You plan on making an equal deposit at the end of each year into an account earning 10%. You plan to make withdrawals of $200,000 at the end of each year for 25 years after retirement

a) How much must the deposits be?

b) How much will you have left in the account after fifteen years of withdrawals?

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Financial Management: You plan on making an equal deposit at the end of each year

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Financial Management: You plan on making an equal deposit at the end of each year

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