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Use the savings plan formula to answer tho folowing question. Your goal is to croate a colloge fund for your chald Suppose you find a

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Use the savings plan formula to answer tho folowing question. Your goal is to croate a colloge fund for your chald Suppose you find a fund that offers an APR of 4%. How much should you doposit monthy to accumulate $89,000 in 13 years? You should invest s each month (Do not round until the fral answer. Then round to two decimal places as needed)

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