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Hazel plans to take three-year college program

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Question 1. Hazel plans to take a three-year college program. She estimates she will need $15000 per year for each of the three years. Currently, her savings are in an account paying 2.15% per year compounded monthly.

Question 2. Hazel currently has no savings. If she starts college in two years, how much does she need to deposit in her account each week to meet her goal? Show your TVM Calculator work.

Reference no: EM133293418

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