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You know that you will need $40,000 for your child's education in 18 years. If your account earns 4% compounded quarterly, how much would you
You know that you will need $40,000 for your child's education in 18 years. If your account earns 4% compounded quarterly, how much would you need to deposit now to reach your goal? Select one: a. 68800$ b. 28800$ C. 80000$ d. 19539.84$
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