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Calculate annuity cash flows goal

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Calculate annuity cash flows Your goal is to have $10,000 in your bank account by the end of 10 years. If the interest rate remains constant at 9% and you want to make annual identical deposits, how much will you need to deposit in your account at the end of each year to reach your goal? (Note: Round your answer for PMT to two decimal places.)

Reference no: EM133119654

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