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3. To pay for your child's education, you wish to have accumulated $15,000 at the end of 15 years. To do thia you plan to
3. To pay for your child's education, you wish to have accumulated $15,000 at the end of 15 years. To do thia you plan to depost an equal amount inta the bank at the end of each year. If the bank is willing to pay 6 percent compounded annually, how much must you goal? Use a spreadsheet to illustrate how the funds are accumulated
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