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Problem 6-8 Calculating Annuity Values (LO1) You want to...

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Problem 6-8 Calculating Annuity Values (LO1) You want to have $75,000 in your savings account 12 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.8% interest, what amount must you deposit each year? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit \$ sign in your response.) Deposit amount

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