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You plan to send your first born child to DePaul for a 4 - year degree with 4 annual payments. Your first payment will start
You plan to send your first born child to DePaul for a year degree with annual payments. Your first payment will start in years in the amount of $ and grow by per year. Assuming a discount rate of You start saving in one year from now a fixed amount for total deposits. What is the amount of that annual savings deposit in order to save enough to fund the education? Use the $ symbol and round to the nearest thousand dollars. A correct answer would look like $
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