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Mary plans to have $ 2 0 0 , 0 0 0 for her child's college education in 1 0 years. If she currently has

Mary plans to have $200,000 for her child's college education in 10 years. If she currently has $50,000 saved, and expect to make a one-time withdrawal of $30,000 in 5 years for a special project, what annual payment should she make at the end of each year into the savings account? The account offers an annual interest rate of 7%.

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