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Mathematics, 24.08.2019 22:20, hollyawescott
Suppose that a family wants to start a college fund for their child. if they can get a rate of 5.5% , compounded monthly, and want the fund to have a value of $35,450 after 20 years, how much should they deposit monthly? assume an ordinary annuity and round to the nearest cent.
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Suppose that a family wants to start a college fund for their child. if they can get a rate of 5.5%...
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