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Posted on Sep 04, 2024

A family wants to have a $ 1 3 0 , 0 0 0 college fund for their children at the end of 1 7

A family wants to have a $

130, 000

college fund for their children at the end of

17

years. What contribution must be made at the end of each quarter if their investment pays

7.5 %,

compounded quarterly? Solve The problem

= ?

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