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Mathematics, 26.10.2019 01:43 liliaboop5006

Suppose that a family wants to start a college fund for their child. if you can get an apr of 7.5% and want the fund to have a value of $75,000 after 18 years, how much should you deposit monthly? assume an ordinary annuity.
a.
$164.98
c.
$166.21
b.
$165.30
d.
$167.52

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Answers: 3

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