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You want to have 200 000 in an account after 30 years for your retirement...

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Basic Math

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You want to have 200 000 in an account after 30 years for your retirement Your investment counselor suggests that you make regular quarterly deposits into an annuity that pays 5 interest compounded quarterly Find the amount that must be deposited quarterly rounded to the nearest cent P 1 418 64 2 155 16

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