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You would like to have $22 thousand saved in 12 years for you child's education. You have decided to make weekly payments into an account

You would like to have $22 thousand saved in 12 years for you child's education. You have decided to make weekly payments into an account that pays 6.3% APR. How large should your weekly payment be in order for you to accumulate the desired amount? Assume you have not yet opened the account.

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