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James deposits a fixed monthly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $85,000 in

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James deposits a fixed monthly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $85,000 in 17 years. Assuming an APR of 3.8%, how much of the $85,000 will James ultimately deposit into the account, and how much is earned interest? Round your answers to the nearest penny (cent). Total deposited: $24,389.56; Earned interest: $85,000 Total deposited: $24,389.56; Earned interest: $60,610.44 Total deposited: $60,610.44 Earned interest: $24.389.56 Total deposited: $85,000.00: Earned interest: $24.389.56

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