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5-6: Use the savings plan formula to answer the following questions. 5. Your goal is to create a college fund for your child. Suppose you

5-6: Use the savings plan formula to answer the following questions. 5. Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 5%. How much should you deposit monthly to accumulate $85,000 in 15 years

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