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Posted on Aug 14, 2024

A family want to have a $ 1 9 5 , 0 0 0 . 0 0 higher education fund for their children at the

A family want to have a $

195, 000.00

higher education fund for their children at the end of

21

years. How much should they contribute at the end of monthly if they can get

7.3 %

compounded monthly on their investment?

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