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Suppose you must make two annual $10,000 payments, the first one starting at the beginning...

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Finance

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Suppose you must make two annual $10,000 payments, the first one starting at the beginning of Year 5 (end of Year 4). To accumulate the money to make these payments, you want to make four equal payments into an investment account, the first to be made one year from today. Assuming a 10% rate of return, what is the amount of these four investment payments? 4110. 4114. 4118 4122

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