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You will make equal annual deposits for the next ten years (with the first deposit...

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Finance

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You will make equal annual deposits for the next ten years (with the first deposit exactly one year from today, and the final deposit 10 years from today) into an account that pays a 12.5% effective annual rate. If your goal is to have exactly $10,000 ten years from today, the annual deposit amount needed to achieve that goal is $_____ Margin of error for correct answers: +/-.05

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