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2. What is the present value of a goal (retirement, education, or other)?-see Chapter 3 How much would someone need today to pay for their

2. What is the present value of a goal (retirement, education, or other)?-see Chapter 3 How much would someone need today to pay for their five-year-old child's education given the following: Tuition is $37,000 today Tuition is expected to increase at 6% The child will attend 4 years and start at age 18 They expect to earn 9% on their 529

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