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Suppose you want to save $1m for your daughter's university fund. You plan to deposit an equal amount every two-weeks for 15 years. Your account
Suppose you want to save $1m for your daughter's university fund. You plan to deposit an equal amount every two-weeks for 15 years. Your account pays 9% APR compounded semi-annually. The payments will be within $25 of which of the following? A) 2600 B) 2700 C) 2800 D) 2900 E) None of the above
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