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QUESTION 62 Annuity Problem: Plug in Amounts for each given variable to receive partial credit in case your answer is incorrect. The smith family is
QUESTION 62 Annuity Problem: Plug in Amounts for each given variable to receive partial credit in case your answer is incorrect. The smith family is preparing for their daughter's education. She will be ready to start college in 20 years. How much will they have to set aside at the end of each month for 20 years to have $120,000 when she starts college? Assume they can earn 6% annual interest rate on their deposits. PVA FVA = PMT = n = TT T Arial 3 (12pt) T.SE Path:p Words:0
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