Question: Solve for Payment ? FV annuity You know you will need $25,387 at the end of 5 years. How much would you have to deposit

Solve for Payment ? FV annuity

You know you will need $25,387 at the end of 5 years. How much would you have to deposit annually, starting at the end of the first year, into an account earning 10% to accumulate the needed amount?

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