document.write( "Question 1134162: A couple plans to save for their child's college education. What principal must be deposited by the parents when their child is born in order to have $37,000 when the child reaches the age of 18? Assume the money earns 9% interest, compounded quarterly. (Round your answer to two decimal places.)
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Algebra.Com's Answer #751488 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "A couple plans to save for their child's college education. What principal must be deposited by the parents when their child is born in order to have $37,000 when the child reaches the age of 18? Assume the money earns 9% interest, compounded quarterly. (Round your answer to two decimal places.) \n" ); document.write( "$ \n" ); document.write( " Correct answer:\n" ); document.write( " |