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Morgan Madison needs $252,800 in 10 years. How much must he invest at the end...

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Accounting

Morgan Madison needs $252,800 in 10 years. How much must he invest at the end of each year, at 4% interest, to meet his needs?

(Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)

Investment amount $

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