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6. The cost of a four-year private college education has been estimated to be $50,000. How large a trust fund, paying 6%, must be established

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6. The cost of a four-year private college education has been estimated to be $50,000. How large a trust fund, paying 6%, must be established at a child's birth to ensure sufficient funds at age 18? (4.1) a. Compounded semi-annually b. Compounded continuously

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