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Mathematics, 12.12.2019 20:31 fish64

Ann and tom want to establish a fund for their grandson's college education. what lump sum must they deposit at an 8.2% annual interest rate, compounded annually, in order to have $20,000 in the fund at the end of 15years?

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Ann and tom want to establish a fund for their grandson's college education. what lump sum must they...
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