Parents have set up a sinking fund in order to have 150000
Parents have set up a sinking fund in order to have $150,000 in 18 years for their new baby's eventual college education. How much money should be paid quarterly into an account that pays 4.8% compounded quarterly? Round answer to the nearest cent.
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parents have set up a sinking fund in order to have 150000 in 18 years for their new babys eventual college education
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