Danny Mutiger's parents invested $1000 when he was born

Finance Nov 27, 2020

Danny Mutiger's parents invested $1000 when he was born. This money is to be used for Danny's college education and is to be withdrawn in four equat annual payments beginning when Danny is age 19. Find the amount that will be available each year, if money is worth compounded annually (round your answer to the nearest cont.)

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