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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 accumulated over a period of 12 years and the interest rate is , 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 |
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