An investor wants to accumulate $10,000 at the end of 15 years by making 11 annual deposits of $R,1^st deposit to be made at the end of year 4.If j₁ = 7%,what is R?

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The Answer of An investor wants to accumulate $10,000 at the end of 15 years by making 11 annual deposits of $R,1^st deposit to be made at the end of year 4.If j₁ = 7%,what is R?

An Investor Wants to Accumulate $10,000 at the End of 15