SOLUTION: Find the lump sum deposited today that will yield the same total amount as payments of $10,000 at the end of each year for 15 years at 4% compounded annually.
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Question 316679: Find the lump sum deposited today that will yield the same total amount as payments of $10,000 at the end of each year for 15 years at 4% compounded annually. Answer by rfer(16322) (Show Source):
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