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Business, 06.03.2020 23:42 whiteshawn0250
Assume that your parents wanted to have $150,000 saved for college by your 18th birthday and they started saving on your first birthday. They saved the same amount each year on your birthday and earned 12.0% per year on their investments.
a. How much would they have to save each year to reach their goal?
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Assume that your parents wanted to have $150,000 saved for college by your 18th birthday and they st...
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