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Lucy and Fred want to begin saving for their baby's education. They estimate that they will need $250,000 in 18 years. If they are able

Lucy and Fred want to begin saving for their baby's education. They estimate that they will need $250,000 in 18 years. If they are able to earn 6% per annum, how much must be deposited at the beginning of each of the nexy 18 years to fund the education? a.8089 b.7631 c.13889 d.7405

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