You have decided to place equal year-end deposits in a, Financial Management

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You have decided to place equal year-end deposits in a

You need to accumulate $69,043 for your son’s education. You have decided to place equal year-end deposits in a savings account for the next 10 years. The savings account pays 3.97 percent per year. Compounded annually. How much will each annual payment be?

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Financial Management: You have decided to place equal year-end deposits in a

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