Question: Question 3 : [ 1 0 marks ] How much must you deposit at the end of each month for 2 5 years to fund

Question 3: [10 marks] How much must you deposit at the end of each month for 25 years to fund an
annuity of $2,500 per month for 20 years?
The first annuity withdrawal is made 5 years after the last deposit and interest changes from i(12)=8% per
year to i(12)=7% per year at the time of the first annuity withdrawal.
Question 3: [10 marks] How much must you deposit at the

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