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K Use the savings plan formula to answer the following question. Your goal is to create a college fund for your child. Suppose you find

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K Use the savings plan formula to answer the following question. Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 6%. How much should you deposit monthly to accumulate $84,000 in 17 years? . . . You should invest $ each month. (Do not round until the final answer. Then round to two decimal places as needed.)

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