Your first child is now a 1-year-old. Tuition currently costs $60,000 to attend a public college for
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Your first child is now a 1-year-old. Tuition currently costs $60,000 to attend a public college for four years. If these costs rise 5 percent annually, how much must you invest each year to cover the expenses after 18 years if you are able to earn 10 percent annually?
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Shameen Tahir
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