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You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first 511,300

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You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first 511,300 tuition payment sin months. After that the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to wwe money every six months and has a fond APR of 3 7% (with semiannual compounding) guaranteed to remain the same over the next four years. How widney must you deposit today you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account tiply when the last payment is made? (Note: Be careful not to round any interesate stops so than sx decimal places) The mount of money you mast deposit today's Round to the nearest cent)

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