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Mondav. August 2121322 1:56 PM A student takes out a lean to sever tuition fees for 5 years of university. The tuition fees amount to

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Mondav. August 2121322 1:56 PM A student takes out a lean to sever tuition fees for 5 years of university. The tuition fees amount to $3400 per year or ea , paid at the end of each year. Given a rate of re urn a ' 5% en a savings account, how big will the initial lean need to be to cover the 5 years of tuition fees? F

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