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(1 point) (Exercise 3.1) A family wishes to accumulate $71000 in a college education fund at the end of 16 years. If they deposit $2000

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(1 point) (Exercise 3.1) A family wishes to accumulate $71000 in a college education fund at the end of 16 years. If they deposit $2000 in the fund at the end of each of the first 8 years and $ 2000 + X in the fund at the end of each of the second 8 years. find X if the fund earns 8.5% effective

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