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Knowing that the education costs for her kids would be huge,Roberta puts lump sum money from her inheritance in a savings account paying an interest
Knowing that the education costs for her kids would be huge,Roberta puts lump sum money from her inheritance in a savings account paying an interest of 4.69% compounded monthly.If ordinary annuity payments of $1500.00 per month are to be paid out of the account at the end of each of each month for four years,how much did Roberta deposit?
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