Judge drago has decided to set up an educational fund for his favorite granddaughter, emma, who will start college in one year. the judge plans to deposit an amount in a savings account that pays 8% annual interest. he wants to deposit an amount that is sufficient to permit emma to withdraw $20,700 for tuition starting in one year and continuing each year for a total of four years. how much should he deposit today to provide emma with a fund to pay for her college tuition? (round your answer to nearest whole dollar.)
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Judge drago has decided to set up an educational fund for his favorite granddaughter, emma, who will...
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