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Mathematics, 04.10.2021 15:00 kealinwiley

Sam Long anticipates he will need approximately $225,100 in 10 years to cover his 3-year-old daughter’s college bills for a 4-year degree. How much would he have to invest today at an interest rate of 6% compounded semiannually?

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Sam Long anticipates he will need approximately $225,100 in 10 years to cover his 3-year-old daughte...
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