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A married couple is trying to finance their three - year - old son s college education. Money can be deposited at the end of

A married couple is trying to finance their three-year-old sons college education. Money can be deposited at the end of each quarter at 8% interest compounded quarterly.
a) What end-of-quarter deposit must be made from the sons 3rd birthday to his 18th birthday (15 years) to provide $80,000 on each birthday from the 19th to the 22nd (4 years)?
b) Draw the cash flow in the white space below.

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