3. Future Cost. If one year of college currently costs $15,000, how much will it cost Joshuas...
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3. Future Cost. If one year of college currently costs
$15,000, how much will it cost Joshua’s new daughter, Serena, in 18 years, assuming a 5 percent annual rate of infl ation? Use Appendix A.1 or the Garman/Forgue companion website.
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