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In five years you will graduate from FHSU. At that time you plan to relocate for your new job. You have estimated that you will

In five years you will graduate from FHSU. At that time you plan to relocate for your new job. You have estimated that you will need $4,500 to pay for your move in five years after you graduate. You plan to make monthly deposits into an account that will earn 5.5% per year. What amount will you have to deposit at the beginning of each month? a. $26.28 b. $65.33 c. $65.03 d. $35.03 e. $75.00

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