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Question 9 2 pts Keith and Jolene want to begin saving for their baby's college education. They estimate that they will need $250,000 in eighteen

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Question 9 2 pts Keith and Jolene want to begin saving for their baby's college education. They estimate that they will need $250,000 in eighteen years. If they are able to earn 4% per annum, how much must be deposited to accumulate the necessary amount if the first deposit is made on January 2, 2020 and the amount is withdrawn on January 2, 2038? O $13,889. O $9,373 O $9,748. O $13,333 Question 10 2 pts How would a "cash advance to a subsidiary" be categorized for reporting on the balance sheet? o As either a current or long-term receivable, depending on the due date o As part of trade receivables O As a component of cash and cash equivalents None of these are correct O As a curr liability

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