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Carrie is saving money now so that she will be able to help her kids with college. She found an annuity that is paying
Carrie is saving money now so that she will be able to help her kids with college. She found an annuity that is paying 3.5% per year compounded monthly. If she deposits $90.00 each month for the next 14 years, how much will be in the account? Enter future value $ She wants to have at least $40,000.00. How much should she deposit each month to reach her goal? Enter monthly deposit $ She decides to deposit $180.00 each month. How much will she have deposited in total? Enter tot Instead of using an annuity, she is thinking of opening a savings account that also pays 3.5% compounded monthly. How much would she have to deposit (making only one deposit) today to reach her goal? E
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