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Assume a client seeking to fund college education for a child born todav agrees to the following assumptions: $10.000 per year in today's doorsnede years

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Assume a client seeking to fund college education for a child born todav agrees to the following assumptions: $10.000 per year in today's doorsnede years to complete: can earn 9% after-tax and college costs will increase 6% each year. What is the annual investment needed at year-end to achieve the goal? start in 18 years and takve a $2,421 b. 53.270 14,370 d. $5.858

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