Question: ( Related to Checkpoint 6 . 1 ) ( Annuity payments ) Lisa Simpson wants to have $ 1 , 4 0 0 , 0

(Related to Checkpoint 6.1)(Annuity payments) Lisa Simpson wants to have $1,400,000 in 55 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 11.50 percent annually. What must Lisa's annual deposit be?
(Related to Checkpoint 6.1)(Annuity payments) Lisa Simpson wants to have $1,400,000

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