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Five equal deposits are to be made in a fund

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Reference no: EM13874074

Beginning with January 1, 2011, five equal deposits are to be made in a fund.

Required:
Using the appropriate tables, determine the equal deposits if interest at 10% is compounded annually and if $200,000 must be in the fund on
1. January 1, 2015
2. January 1, 2016

Reference no: EM13874074

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