a family wants to have a $160,000 college fund for their children at the end of 14 years. what contribution must be made at the end of each quarter if their investment pays 7.5%, compounded quarterly?

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04-11-2022
Business

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a family wants to have a $160,000 college fund for their children at the end of 14 years. what contribution must be made at the end of each quarter if their investment pays 7.5%, compounded quarterly?

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