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Question 12 of 15 Alicia set up a savings fund for his son's education so that he would be able to withdraw $1,500 at the
Question 12 of 15 Alicia set up a savings fund for his son's education so that he would be able to withdraw $1,500 at the beginning of every month for the next 9 years. The fund earns 3.36% compounded quarterly. a. What amount should he deposit today to allow for the $1,500 periodic withdrawals? $0.00 Round to the nearest cent $0.00 Round to the nearest cent b. How much interest would he earn in this investment? $0.00 Round to the nearest cent SAVE PROGRESS
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