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You plan to send your child to college in 1 year. Your child will attend...

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Accounting

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You plan to send your child to college in 1 year. Your child will attend college for 5 years Tuition will cost $25,00 per year. How much would you have to invest today to exactly pay for your child's college, if your investments earn 3.00% APR (compounded annually)? $116,783 O $114,493 O $111,158 O $117.927

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