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11. The average cost of a 4-year college education is projected to be $230,000 in 16 years. How much money should be invested now at

11. The average cost of a 4-year college education is projected to be $230,000 in 16 years. How much money should be invested now at 8.5%, compounded quarterly, to provide $230,000 in 16 years? (+5 points)

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