Question: Samuel would like to accumulate $ 4 9 , 9 1 8 in his savings account at the end of 8 years. If effective annual

Samuel would like to accumulate $49,918 in his savings account at the end of 8 years. If effective annual interest rate is 14%. What would be the amount of equal deposit at the end of each year for 5 years.
Round your answer to two decimal places.

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