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please help You want to start saving for your daughter's college education now. She will enter university at age 18 , and you have decided
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You want to start saving for your daughter's college education now. She will enter university at age 18 , and you have decided to put $100,000 into an account to fund her education when she turns 18. If monthly deposits of 5640.38 will allow you to reach your goal, how old is your daughter now? Assume you can carn 3% annual interest on your savings, compounded monthly Step by Step Solution
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