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point) A family wishes to accumulate $109000 in a college education fund at the end of 20 years. (1 If they deposit $1500 in the
point) A family wishes to accumulate $109000 in a college education fund at the end of 20 years. (1 If they deposit $1500 in the fund at the end of each of the first 10 years and S 1500 + X in the fund at the end of each of the second 10 years, find X if the fund earns 11% effective. ANSWER S
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
4th Edition
0072996862, 9780072996869
