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Carolyn is helping to save for her granddaughters college fund. It will probably take 18 years before she is in college, and Carolyn estimates she

Carolyn is helping to save for her granddaughters college fund. It will probably take 18 years before she is in college, and Carolyn estimates she will need to save $150,000. If she earns 6% per annum, the amount that should be deposited every year for the next 18 years beginning today, is

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