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Suppose you want your sons college fund to contain 135,000.00 after 13 years. If you can get an APR of 8.7% compounded monthly. How much should you deposit at the end of each month?
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Suppose you want your sons college fund to contain 135,000.00 after 13 years. If you can get an APR of 8.7% compounded monthly. How much should you deposit at the end of each month?

User Alexandr Kovalenko
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1 Answer

4 votes

ANSWER

45,640.49

Step-by-step explanation

User SKSK
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