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Mathematics, 07.05.2020 08:03 lexipiper8296

You just got lucky and had 5 numbers right on the Powerball. You won $200,000. After taxes, you now have $120,000.

You are about to become a brand-new parent and want to make sure your child will have enough money for college. How much of your winnings should you deposit into a savings account that earns 3% APR compounded monthly so that you have $70,000 in 18 years?

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