To create a college fund, a parent makes a sequence of 18 yearly deposits of $1000 each

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To create a college fund, a parent makes a sequence of 18 yearly deposits of $1000 each in a savings account on which interest is compounded annually at 3.2%. Find the amount of the annuity.

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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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Question Posted: Apr 12, 2016 10:09 AM

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To create a college fund, a parent makes a sequence of 18 yearly deposits of $1000 each

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College Algebra Graphs and Models

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