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Starting next year, you will need $35,000 annually for 4 years to complete your education. (one year from today you will withdraw the first $35,000.) your uncle deposits an amount today in a bank paying 5% annual interest, which will provide the needed $35,000 payments. how large must the deposit be? do not round intermediate calculations. round your answer to the nearest cent. $ how much will be in the account immediately after you make the first withdrawal? do not round intermediate calculations. round your answer to the nearest cent. $
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Starting next year, you will need $35,000 annually for 4 years to complete your education. (one year...
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