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A man invests $100,000 now for the college education of his 2-year old son. If the investment has 14% effective interest, how much will the

A man invests $100,000 now for the college education of his 2-year old son. If the investment has 14% effective interest, how much will the son get each year starting from his 18th to 22nd birthday?

answer choices were: [a] $207,916 [b] $270,169 [c] $179,216 [d] $229,726

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