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Susan and Charles want to begin saving for their baby's college education. They estimate that they will need $ 2 2 5 0 0 0

Susan and Charles want to begin saving for their baby's college education. They estimate that they will need $225000 in eighteen years. If they are able to earn 5% per annum, how much must be deposited at the beginning of each of the next eighteen years to fund the education?
$7391.
$8072.
$13862
$7617.
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