In Problems 20-52: a. State the type; and (mathbf{b}). Answer the question. What annual deposit is necessary
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In Problems 20-52:
a. State the type; and \(\mathbf{b}\). Answer the question.
What annual deposit is necessary to have \(\$ 10,000\) in 5 years if all the money is deposited at \(1.5 \%\) interest compounded annually?
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