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Donna and Kenneth want to begin saving for their baby's college education. They estimate that they will need $235000 in eighteen years. If they are
Donna and Kenneth want to begin saving for their baby's college education. They estimate that they will need $235000 in eighteen years. If they are able to earn 9% per annum, how much must be deposited at the beginning of each of the next eighteen years to fund the education?
$5533.
$5220.
$5065.
$9499.
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