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5. If 4 year of college at Real University currently costs $50,000, how much will 4 years of college cost at Redford in 20 years

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5. If 4 year of college at Real University currently costs $50,000, how much will 4 years of college cost at Redford in 20 years when your children begin college if the costs increase 6% per year? 6. What is the present value of a 10 year $12,000 per year annuity if the discount rate is 4%

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