Mathematics, 26.11.2020 03:10 agarcia24101993

Naomi plans to attend a four-year college that costs a total of $21,800 per year. Her family invests $9,500 in an account that earns 6% annual interest compounded monthly. To the nearest dollar, what is the minimum amount Naomi’s family should deposit each month to be able to pay for the first two years of college?

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Naomi plans to attend a four-year college that costs a total of $21,800 per year. Her family invests...