A college education is expected to cost 20000 per year in, Financial Accounting

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A college education is expected to cost 20000 per year in

A college education is expected to cost $20,000 per year in 18 years. How much money should be deposited at the end of each year for 18 years in an account earning 10% compounded monthly so that the balance of the account after 18 years covers the cost of a college education?

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Financial Accounting: A college education is expected to cost 20000 per year in

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