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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
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 semi-annually. If ordinary annuity payments of $1500.00 per month are to be paid out of the account at the end of the month for four years starting fifteen years from now, how much did Roberta deposit? A) $65 533 B) $32 474 C) $65 592 D) $32 723 E) $54 343 show the work
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