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Business, 11.10.2019 02:00 mommatann

Suppose that a family wants to start a college fund for their child. if they can get a rate of 5.2%, compounded monthly, and want the fund to have a value of $55,500 after 20 years, how much should they deposit monthly? assume an ordinary annuity and round to the nearest cent. a. $131.93 b. $2,662.49 c. $1,643.30 d. $3,446.64 select the best answer from the choices provided a b c d

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Suppose that a family wants to start a college fund for their child. if they can get a rate of 5.2%,...
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