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Solve the problem . 50) You want to have a $50,000 college fund in 10 years. How much will you have to deposit now in

Solve the problem.

50) You want to have a $50,000 college fund in 10 years. How much will you have to deposit now in an account with an APR of 7% and quarterly compounding?

A)$24,980.05 B)$25,905.29 C)$24,940.94 D)$23,940.29

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