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Suppose a parent wants save money for a child's future college expenses. If the parent wishes to have accumulated over a period of 12 years

Suppose a parent wants save money for a child's future college expenses. If the parent wishes to have image text in transcribed accumulated over a period of 12 years and the interest rate is image text in transcribed, compounded continuously, calculate the amount that must be deposited each year.

$1200
$16,700
$23,400
$13,000

$18,500

due is 20 mins, please help

$200,000

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