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Mathematics, 23.12.2020 01:00 twinkieslayer

A couple decides that in 15 years they will need to have saved $38,000 for their 3-year old child's post-secondary education. How much should be invested now at 4.8% annual interest, compounded weekly, in order to save this amount for their child's post secondary education?

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A couple decides that in 15 years they will need to have saved $38,000 for their 3-year old child's...
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