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Annultles You are saving for the college education of your two children. They are two years apart in age; one will begin college 1 5
Annultles You are saving for the college education of your two children. They are two years apart in age; one will begin college years from today and the other will begin years from today. You estimate your children's college expenses to be $ per year per child, payable at the beginning of each school year. The annual interest rate is percent. How much money must you deposit in an account each year to fund your children's education? Your deposits begin one year from today. You will make your last deposit when your oldest child enters college. Assume your children will be on the fouryear plan.
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