Question: Beginning with January 1, 2007, five equal deposits are to be made in a fund. Required Using the appropriate tables, determine the equal deposits if
Beginning with January 1, 2007, five equal deposits are to be made in a fund.
Required
Using the appropriate tables, determine the equal deposits if interest at 10% is compounded annually and if $200,000 must be in the fund on
1. January 1, 2012
2. January 1, 2013
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