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At your daughter's 6 th birthday party she tells you that she wants to go to Princeton. It will cost you $ 3 0 ,
At your daughter's th birthday party she tells you that she wants to go to Princeton. It will cost you $ per year for her to attend this fouryear program. You start putting money into an account that pays annually. You will begin to make deposits on her next birthday and continue this practice until her th birthday. She starts college on her th birthday The second is payable on her th birthday and so on How large are the annual deposits you make to this account?
first tuition payment
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