Find the amount needed to deposit into an account

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Reference no: EM131351711

Find the amount needed to deposit into an account today that will yield pension payments of $15,000 at the end of each of the next 27 years if the account earns interest at a rate of 8.9% yr compounded annually. (Round your answer to the nearest cent.)

PV=

PMT=

FV=

P/Y=

C/Y=

Reference no: EM131351711

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