You need to accumulate $80,203 for your son's education . You have decided to place equal year-end

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You need to accumulate $80,203 for your son's education. You have decided to place equal year-end deposits in a savings accountfor the next 14 years. the saving account pays 3.80 percent peryear compounded annually. How muchwill each annual payment be?

Posted Date: Jun 09, 2024 06:06 AM

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You need to accumulate $80,203 for your son's education . You have decided to place equal year-end

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