Use the savings plan formula to answer the following question. Your goal is to create...
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Accounting
Use the savings plan formula to answer the following question.
Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 4%. How much should you deposit monthly to accumulate $90,000 in 13 years?
You should invest $ each month.
(Do not round until the final answer. Then round to two decimal places as needed.)
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You can see the logs in the Dashboard.