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What is the amount a person would have to deposit today

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What is the amount a person would have to deposit today to be able to take out $5000 a year for 10 years from an account earning 8 percent annually?

Reference no: EM13273854

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What is the amount a person would have to deposit today : What is the amount a person would have to deposit today to be able to take out $5000 a year for 10 years from an account earning 8 percent annually?
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