Question: This is an actsci finance type question, please show work 1. [8] How much must you deposit at the end of each year for 10
This is an actsci finance type question, please show work![This is an actsci finance type question, please show work 1. [8]](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66f9122fec1a6_15166f9122f81f64.jpg)
1. [8] How much must you deposit at the end of each year for 10 years to fund a perpetuity of $2500 per year with the 1st payment due 5 years after the last deposit? Interest rate is ji = 6% for 15 years, then 12 = 9%
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