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30. Assume that your parents wanted to have $150,000 saved for college by your 18th birthday and they started saving on your first birthday. They

30. Assume that your parents wanted to have $150,000 saved for college by your 18th birthday and they started saving on your first birthday. They saved the same amount each year on your birthday and earned 9% per year on their investments. How much would they have to save each year on your birthday to reach their goal

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