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Sarah just graduated from college. She plans to purchase a home in 8 years and will...

Sarah just graduated from college. She plans to purchase a home in 8 years and will need $30000 for a down payment. She starts an investment account with an initial deposit of $2000. If Sarah can earn 9% in her investment account on the initial deposit and future deposits, what is the amount of annual payment that Sarah must make at the end of each year for 8 years? Show all computations.

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