What amount must you deposit today

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Reference no: EM132052676

Question

If you want to accumulate a fund of $35,000 to pay for your daughters 1st year of education that will take place in 18 years by making a SINGLE deposit today and the fund will earn 9% interest compounded annually, what amount must you deposit today?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132052676

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