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Author Question: Sarah plans to contribute monthly to a savings account for her daughter's college education. Her ... (Read 2245 times)

nummyann

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on: May 5, 2020
Sarah plans to contribute monthly to a savings account for her daughter's college education. Her goal is $300,000 in 20 years. Assume the APR is 5.4% compounded monthly and contributions are made monthly at the end of each month, including the last month. What amount does Sarah need to contribute each month? Round your answer to the nearest cent.
◦ $696.75
◦ $688.66
◦ $459.57
◦ $756.95
◦ $642.81
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by nummyann on May 5, 2020

dominiqueenicolee

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Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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victoria brandt

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Reply #2 on: Apr 30, 2022
thanks!


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