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A family wants to have a $220,000 college fund for their children at the end of 14 years. What contribution must be made at the
A family wants to have a $220,000 college fund for their children at the end of 14 years. What contribution must be made at the end of each quarter if their investment pays 7.9%, compounded quarterly? Solve the problem. (Round your answer to the nearest cent.)
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