Calculate the following items:
(1) The amount that must be deposited today at 8% to accumulate to $150,000 in 5 years.
(2) The annual payment on a 7-year, 10%, $200,000 note payable.

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The Answer of Calculate the following items:
(1) The amount that must be deposited today at 8% to accumulate to $150,000 in 5 years.
(2) The annual payment on a 7-year, 10%, $200,000 note payable.

Calculate the Following Items