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How much would your parents have to deposit each month into an account that grows at a rate of 6% per year compounded annually if

How much would your parents have to deposit each month into an account that grows at a rate of 6% per year compounded annually if they want to have $64,000 at the end of year 4 to cover part of your college expenses? Assume no interperiod compounding.

Parents have to deposit $ each month.

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