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Mia plans to make 26 annual contributions to a college saving account, with the first contribution to be made 1 year from today. There will
Mia plans to make 26 annual contributions to a college saving account, with the first contribution to be made 1 year from today. There will be four annual withdrawals of $53140 starting at the end of year 23. Calculate the required size of the annual contributions if the interest rate is 10.96%."
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