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You need to fund a tuition payment of $48,304 in 23 months. You plan to make 11 equal monthly payments starting next month to your

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You need to fund a tuition payment of $48,304 in 23 months. You plan to make 11 equal monthly payments starting next month to your savings account to go toward your tuition. If your savings account pays 3.4% APR compounded monthly, how big must the payments be? (a/(1+c/1200)^f)

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