Make annual deposits in order to accumulate

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On January 1, 2015, Canden Company started to make annual deposits in order to accumulate $1,000,000 by January 1, 2019. This fund will earn annual interest of 9%. Required: What are the four annual deposits that Canden should make at the beginning of each year. Round your answers to the nearest whole dollar.

Reference no: EM131010483

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