# accounting

Would like to start a college fund. It was estimated that the cost for college to be 60,000 per year. How much should be deposit into the account each month for 18 years to accumulate a total of 240,000 @ 12% interest earned.

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1. POST YOUR QUESTIONS AT ww w.ac eyou rcoll egec las sses . c o m

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2. do u want to find out the pv of 108000 i think? isnt it?

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