Annuities prob: A father has saved a fund to provide for his son's 4-year university

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eap

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[FONT=&quot]A father has saved a fund to provide for his son's 4-year university program. The fund will pay $6310 at the end of each months for 6 months (the begin on September), plus an extra $9400 each September 1st, for 4 years. If j[/FONT]4[FONT=&quot] = 11.34 %, what is the value of the fund on the first day of university (before any withdrawals)?
Please help, I would really appreciate it [/FONT]
 
eap said:
A father has saved a fund to provide for his son's 4-year university program. The fund will pay $6310 at the end of each months for 6 months (the begin on September), plus an extra $9400 each September 1st, for 4 years. If j4 = 11.34 %, what is the value of the fund on the first day of university (before any withdrawals)?
Please help, I would really appreciate it
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