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Tuition of $1007 will be due when the spring term begins in 2 months. What amount should a student deposit today, at 4.05%, to have

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Tuition of $1007 will be due when the spring term begins in 2 months. What amount should a student deposit today, at 4.05%, to have enough to pay the tuition? BEL The student should deposits (Simplify your answer. Round to the nearest dollar as needed.)

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