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Mathematics, 31.03.2021 17:40 chancecharles9oug353
Caleb is saving money and plans on making annual contributions into an account earning an annual interest rate of 4.4% compounded annually. If Caleb would like to end up with \$83,000$83,000 after 9 years, how much does he need to contribute to the account every year, to the nearest dollar? Use the following formula to determine your answer.
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