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. Ms. lowa wants to put enough money into an account at the Kansas State Bank today to fully pay for her newborn granddaughter's future

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. Ms. lowa wants to put enough money into an account at the Kansas State Bank today to fully pay for her newborn granddaughter's future college education. She predicts that the cost will be $65,000 per year, payable at the beginning of each of years 18 to 21. If she expects that any amount in the account will earn a return averaging 3.8% per year, how much must her single deposit today be? (This is a four-year deferred annuity due, with $65,000 to be paid out at the beginning of each of years 18 to 21.) O A $511,473.28 OB. $130,526.83 OC. $288,939.89 OD. $125,748.39 OE. $96,047.54 Reset Selection 5 Points Question 17 of 25 232 PM 6/28/2020

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