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Business, 26.02.2020 18:31 nmjohnson2025

Mark and Mindy are new parents. They wish to start saving for their son’s college education. They anticipate they’ll need $150,000 in 18 years. How much should they deposit quarterly in an account that pays 7.75% per year compounded quarterly, to have the desired funds in 18 years?

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Mark and Mindy are new parents. They wish to start saving for their son’s college education. They an...
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