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Lapatulllka [165]

3 years ago

14

At your child's birth, you begin contributing monthly to a college fund. The fund pays an APR of 4.1% compounded monthly. You fi

gure your child will need $40,000 at age 18 to begin college. What monthly deposit is required? (Round your answer to the nearest cent.)

1 answer:

Alex17521 [72]3 years ago

7 0

Answer:

$185.19

Step-by-step explanation:

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