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  • 06-03-2024
  • Mathematics
contestada

How much money should Timothy and Tiffany deposit annually for 20 years to provide an income of 30,000 per year for the next 10 years? Assume an interest rate is a constant 4%.
a) 347,156.81
b) 259,917.57
c) 212,634.40
d) 394,672.89

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