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Business, 05.12.2019 19:31 electrofy456

The current cost of graduate school tuition is $22,000 per year. the cost of tuition is rising at 7.00% per year. you plan to attend graduate school for 2 years starting 3 years from now.
how much do you have to invest today if your savings account earns 5.00% apr compounded annually to just fund your tuition?
a. $46,127
b. $47,006
c. $55,788
d. $45,265

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