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You have $152100 to give to your grandchild. Rather than give the entire $152100 today, you decide to give her an annual gift for the next 12 years starting next year. If your savings account pays 1% compounded annually, how much are the annual gifts to your grandchild?

State your answer with just the number and no dollar sign or commas (e.g., 14254)

Round your answer to the nearest dollar.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92790529

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