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Say you want to start a college fund for a newborn. You would like to make sure the account has $ 2 0 , 0

Say you want to start a college fund for a newborn. You would like to make sure the account has $20,000 in it on their eighteenth birthday. The account you found has a 6% fixed interest rate that compounds monthly. What monthly payments do you need to make to make sure there is $20,000 in 18 years. Round to the nearest cent and don't include the dollar sign.

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