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Business, 19.06.2021 01:40 dorindaramirez0531

Your parents are planning to retire in London in 20 years. Currently, the typical house that pleases your parent costs $200.000, but they expect inflation to increase the price of the house at a rate of 4% over the next 20 years. In order to buy a house upon retirement, what must they save each year in equal annual end-of-year deposits if they can earn 10% annually?​

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