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1.You are planning for your grandchild's education, and estimate that it will cost $52,500 in 12 years. How much do you need to invest today,

1.You are planning for your grandchild's education, and estimate that it will cost $52,500 in 12 years. How much do you need to invest today, if you can earn 4.83 percent compounded annually? 2.J...

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