Beginning with January 1, 2007, five equal deposits are to be made in a fund. Required Using

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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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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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