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Suppose you want your daughter's college fund to contain $130,000 after 14 years. If you can get an APR of 5.8%, compounded monthly, how much
Suppose you want your daughter's college fund to contain $130,000 after 14 years. If you can get an APR of 5.8%, compounded monthly, how much should you deposit at the end of each month?
$523.47
$433.47
$503.47
$453.47
None of the above.
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