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How much do you have to deposit each year make sure
Course:- Business Economics
Reference No.:- EM13149073





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To provide an education for someone. They open an account in which equal payments are made from the first payment Jan 1995 to Jan 2012. The cost of the tuiton for 4 years is 8,000 dollars. Assume the interest rate is 5.75 %. how much do you have to deposit each year make sure that 8,000 can be withdrawn for the 4 years?




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