Ametallurgical engineer decides to set aside money for his newborn daughter's college education. he estimates that her needs will be $20,000 on her 17th, 18th, 19th, and 20th birthdays. if he plans to make uniform deposits starting 3 years from now and continue through year 16, what should be the size of each deposit, if the account earns interest at a rate of 8% per year?
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Ametallurgical engineer decides to set aside money for his newborn daughter's college education. he...
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