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Business, 12.03.2020 06:18 depinedainstcom

A family wishes to accumulate 50,000 i a college education fund by the end of 20 years. If they deposit 1,000 into the fund at the end of each of the first 10 years, and 1, 000+X at the end of each of the second 10 years, find X to the nearest unit if the fund earns 7% effective.

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A family wishes to accumulate 50,000 i a college education fund by the end of 20 years. If they depo...
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