5 bx years from today you need $10,000, You plan to deposit $1,700 annually, with...
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5 bx years from today you need $10,000, You plan to deposit $1,700 annually, with the firet payment to be made a year frem today, in an aceount that pays a 5% effective annual rate. Your last deposit, which will occur at the end of Year 6, will be for less than 11,700 if less is needed to reach 510,000 . How iarge will your iast payment be7 Do not round intermediate calculations. Aound your answer to the nearest cent
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