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Margaret and Joseph want to begin saving for their child's college education. They estimate that...

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Accounting

image Margaret and Joseph want to begin saving for their child's college education. They estimate that they will need $124000 in fourteen years. If they can earn 5% per annum, how much must be deposited at the end of each of the next fourteen years to fund the education? $7001$6327$11946$12527

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