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Use the sivings plan formula to answer tho fillowing question. Your goal in to create a college fund for your child. Suppose you find a

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Use the sivings plan formula to answer tho fillowing question. Your goal in to create a college fund for your child. Suppose you find a tund that offers an APR of 7%. How much should you deposit monthly to accumulate 582,000 in 17 yoars? You should invest 3 each month. IDo not round unti the final antwer. Then round to two decimat ploces iss needed.)

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