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homework confusion, will upvote answer James deposits a fixed quarterly anount into an annuity account for his child's college fund. He wishes to accumulate a

homework confusion, will upvote answer
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James deposits a fixed quarterly anount into an annuity account for his child's college fund. He wishes to accumulate a future value of S60,000 in 17 years. Assuming an APR of 3.7% tcompounded quarterly, how much of the $60.000 will james ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary

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