Question: A company has to replace a present facility after 10 years at an outlay of 400.000 USD.. It plans to deposit an equal amount at

A company has to replace a present facility after 10 years at an outlay of 400.000 USD.. It plans to deposit an equal amount at the end of every year for the next 10 years at an interest rate of 12% compounded annually. Find the equivalent amount that must be deposited at the end of every year for the next 10 years

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