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4 poin QUESTION 5 Magdalen needs $15,000 in order to pay for their daughter's college education. They just received a substantial inheritance. If their daughter

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4 poin QUESTION 5 "Magdalen needs $15,000 in order to pay for their daughter's college education. They just received a substantial inheritance. If their daughter will start school in 8 years, how much should they put into an account today if their account earns a 0.9% interest rate and they can also save $53 per month? (Enter your answer as a positive number)

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