Homework: 6-1 MyFinanceLab Assignment Score: 0 of 4 pts P6-8 (similar to) Save 5 of...
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Homework: 6-1 MyFinanceLab Assignment Score: 0 of 4 pts P6-8 (similar to) Save 5 of 12 (4 complete) HW Score: 32%, 16 of 50 pts Question Help * Annuity payments) To pay for your child's education, you wish to have accumulated $13,000 at the end of 9 years. To do this, you plan to deposit an equal amount into the bank at the end of each year. If the bank is willing to pay 13 percent compounded annually, how much must you deposit each year to obtain your goal? The amount of money you must deposit each year in order to obtain your goal is . (Round to the nearest cent.) .. 1.1 Vi :/i 1. (..) More Enter your answer in the answer box and then click Check Answer. Clear All Check
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