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How much do you have to deposit today

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Question - How much do you have to deposit today so that beginning 11 years from now you can withdraw ?$13,000 a year for the next 5 years? (periods 11 through 15 ?) plus an additional amount of ?$26,000  in the last year? (period 15?)?  Assume an interest rate of 9 percent.

Reference no: EM133159742

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