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Question Tuition of $1318 will be due when the spring term begins in 5 months. At 3.34%,What amount should a student deposit today to have enough to pay the tuition?

Question

Tuition of $1318 will be due when the spring term begins in 5 months. At 3.34%,What amount should a student

deposit today to have enough to pay the tuition?

 
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