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Alexis and Tamara plan to send their son to university to pay for this they will contribute 1 2 equal yearly payments to an account

Alexis and Tamara plan to send their son to university to pay for this they will contribute 12 equal yearly payments to an account bearing interest at the APR of 7% compounded annually four years after their last contribution they will begin the first of five yearly withdrawals of $31,200 to pay the university's bills how large must their yearly contributions be

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