Question: Deposits to accumulate future sums For the case shown in the following table, determine the amount of the equal, end-of-year deposits necessary to accumulate the
Deposits to accumulate future sums For the case shown in the following table, determine the amount of the equal, end-of-year deposits necessary to accumulate the given sum at the end of the specified period, assuming the stated annual interest rate. (Click on the icon located on the top right comer of the data table below in order to copy its contents into a spreadsheet.) Sum to be Accumulation accumulated period (years) Interest rate $83.600 20 7% The amount of the end-of-year annual deposit is $. (Round to the nearest cont.)
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