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a. Calculate the present value (PV) of your savings for the period that starts today and ends when you retire. b. Calculate the present value

a. Calculate the present value (PV) of your savings for the period that starts today and ends when you retire.

b. Calculate the present value (PV) of your childs expenses. Hint: Assume that your childs yearly expenses are paid at the end of each year.

c. Calculate the future value (FV) of your savings when you reach retirement after paying your childs expenses.

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