Question: Starting today, Sandy sets aside $ 1 0 . 0 0 0 at the beginning of each year into a bank account that pays an
Starting today, Sandy sets aside $ at the beginning of each year into a bank account that pays
an annual effective interest rate of She makes such deposits. Thirty years from today, Sandy
uses the accumulated value in the account to purchase an annuity that pays $X at the beginning of
each year for years. Determine X
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