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Mark and kate are establishing a fund fir their sons college education wgat lump sum must they deposit in an account tgat gives 7 %

Mark and kate are establishing a fund fir their sons college education wgat lump sum must they deposit in an account tgat gives

7 %

annual intresr rate compunded montlhy in order for them to have

70000

in the fund at the end of

10

years

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