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Q3 How much money must Carol deposit every year starting, 1 year from now at 5.5% per year in order to accumulate $6000 seven years

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Q3 How much money must Carol deposit every year starting, 1 year from now at 5.5% per year in order to accumulate $6000 seven years from now? Q4 Airplane ticket price will increase 8% in each of the next four years. The cost at the end of the first year will be $180. How much should be put away now to cover a student's travel home at the end of each year for the next four years? Assume annual compound interest of 5%. Use two methods to solve this

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