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Linda and Robert want to begin saving for their baby's college education. They estimate that they will need $195000 in eighteen years. If they are
Linda and Robert want to begin saving for their baby's college education. They estimate that they will need $195000 in eighteen years. If they are able to earn 8% per annum, how much must be deposited at the beginning of each of the next eighteen years to fund the education?
$8773.
$4821.
$5110.
$4678.
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