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Please provide clear and specific answer. Thank you in advance! 3. Mr. Goldberg wants to save enough money to send his two children to university.
Please provide clear and specific answer. Thank you in advance!
3. Mr. Goldberg wants to save enough money to send his two children to university. Since they are three years apart in age, he wants to have a sum of money that will provide $18 000 a year for six years. Determine the single sum required one year before the first withdrawal if interest is at j1 = 4%Step by Step Solution
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