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1. You need $100,000 to fund your child's college education (assume no inflation and you will need to pay it all upfront). She will be
1. You need $100,000 to fund your child's college education (assume no inflation and you will need to pay it all upfront). She will be going to school in 10 years and you believe you can earn 6% on an investmentin year 1. This interest rate increases by 0.5% every year.How much do you need to deposit today to have enough money for her college?
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