Ahmad wants to deposit money for 5 consecutive years starting 4 years from now so she can withdraw $50,000 twelve years from now. Assume the interest rate is 10% per year. The annual deposit is...

Ahmad wants to deposit money for 5 consecutive years starting 4 years from now so she can withdraw $50,000 twelve years from now. Assume the<br>interest rate is 10% per year. The annual deposit is closest to:<br>$5185 A O<br>$5085.8<br>$5585 CO<br>$5285.D O<br>

Extracted text: Ahmad wants to deposit money for 5 consecutive years starting 4 years from now so she can withdraw $50,000 twelve years from now. Assume the interest rate is 10% per year. The annual deposit is closest to: $5185 A O $5085.8 $5585 CO $5285.D O

Jun 11, 2022

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Ahmad wants to deposit money for 5 consecutive years starting 4 years from now so she can withdraw $50,000 twelve years from now. Assume the interest rate is 10% per year. The annual deposit is...

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