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Suppose that you would like to save money for your child's college education and could make an initial deposit at the time of his birth

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Suppose that you would like to save money for your child's college education and could make an initial deposit at the time of his birth in an investment account with an interest rate of APR=3.3%, compounded annually, and leave it there for the next 18 years. How much would you have to deposit now at his birth in order to have $60,000 after 18 years

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