Question: I need the process and result. Thanks Question 14 out of 3.03 points Lucy and Fred want to begin saving for their baby's college education.

I need the process and result. Thanks Question 14 out of

I need the process and result. Thanks
3.03 points Lucy and Fred want to begin saving for their baby's

Question 14 out of 3.03 points Lucy and Fred want to begin saving for their baby's college education. They estimate that they will need $300,000 in eighteen years. If they are able to earn 5% per annum how much must be deposited at the end of each of the next eighteen years to fund the education? Answers $11.618 S25 664 $24823 $10,664

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