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How much must be deposited today into the following account in order to have a $ 1 1 5 , 0 0 0 college fund
How much must be deposited today into the following account in order to have a $ college fund in years? Assume no additional deposits are made.
An account with annual compounding and an APR of
$ should be deposited today.
Do not round until the final answer. Then round to the nearest cent as needed.
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