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How much must be deposited today into the following account in order to have a $ 120,000 college fund in 13 years? Assume no additional

How much must be deposited today into the following account in order to have a $ 120,000 college fund in 13 years? Assume no additional deposits are made. An account with quarterly compounding and an APR of 7.61% $ ___ should be deposited today. (Do not round until the final answer. Then round to the nearest cent as needed.)

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