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Your professor is planning on a cruise for his 70^th birthday. He wants to know how much to put aside each month at the beginning
Your professor is planning on a cruise for his 70^th birthday. He wants to know how much to put aside each month at the beginning of the month at 6% interest so that the balance is $4800 at the end of the five years. What table should be used? A) future value of ordinary annuity. B) future value of annuity due. C) Future value of 1. D) Present value of annuity due
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