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You setup an educational savings plan that will pay $15,000 to your newborn child in 18 years. If the plan uses a rate of 4.75%

You setup an educational savings plan that will pay $15,000 to your newborn child in 18 years. If the plan uses a rate of 4.75% per year, whpt was contributed into this plan? Multiple Choice $4,459 $8,576 $5.800 57007 $6,500

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