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Liz and Bob just had a baby named Isabelle, and they want to save enough money for Isabelle to go to college. Assume that they

Liz and Bob just had a baby named Isabelle, and they want to save enough money for Isabelle to go to college. Assume that they start making monthly payments when Isabelle is 4
into an ordinary annuity earning 6.54%
, and they calculate that they will need $25,300.00
by the time Isabelle turns 18
. How much should they deposit every month so that they reach their goal?
Deposit amount =
Note: Your answer is a dollar amount and should include a dollar sign

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