Question 1106161
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The annuity formula:<br>
{{{P = A(((1+r)^n-1)/r))}}}<br>
P is the desired future value: €85,000
A is the amount of the annual investment: the unknown in this problem
r is the periodic interest rate: 6%, or .06, per year
n is the number of periodic investments: 4<br>
Plug in the numbers and solve