Mathematics, 17.10.2019 18:30 xo216aaliyah216xo
Alonzo plans to set aside money for his young daughter’s college tuition. he will deposit money in an ordinary annuity that earns 5.4% interest, compounded quarterly. deposits will be made at the end of each quarter. how much money does he need to deposit into the annuity each quarter for the annuity to have a total value of $71,000 after 15 years?
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