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5 . ) The Fiore s wish to create a sinking fund to save for their children s education. a . ) They estimate that
The Fiores wish to create a sinking fund to save for their childrens education.
a They estimate that they will need to save about $ in years. If the
account returns how much are the monthly installments?
b How much will The Fiores deposit in the account?c Once in college, what are the monthly installments of the $ pay out in
years?
d What is the total amount the twins will receive from the $ pay out
during the years theyre in college.
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