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A couple is planning to finance its three-year-old son's university education. Money can be deposited at 5% compounded quarterly. What quarterly deposit must be made

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"A couple is planning to finance its three-year-old son's university education. Money can be deposited at 5% compounded quarterly. What quarterly deposit must be made from the son's 3^rd birthday to his 18^th birthday to provide $70,000 on each birthday from the 18^th to the 21^st

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