You need to accumulate 89 670 for your sons education you


Question: You need to accumulate $89 670 for your son's education You have decided to place equal year-end deposits in a savings account for the next 9 years. The savings account pays 4.76 percent per year, compounded annually. How much will each annual payment be? Round the answer to two decimal places.

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Finance Basics: You need to accumulate 89 670 for your sons education you
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