Annuity payments Lisa

Savings for Retirement
June 29, 2019
Annuity payments Mr Bill S
June 29, 2019

Annuity payments Lisa wants to have $ 1,7000,000 in 50 years by making equal annual end of the year deposits into a tax deffered account paying 9.75 percent annually. What must Lisa’s annual deposit be?

The amount of Lisa’s annual deposit be $ round to nearest cent

 
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