You need to accumulate 74900 for your sons education you, Ask an Expert

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You need to accumulate $74,900 for your son's education. You have decided to place equal year-end deposits in a savings account for the next 10 years. The savings account pays 3,44 percent per year, compounded annually. How much will each annual payment be? Round answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92094961

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