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Assume that the first - year cost of attending college is currently $ 1 3 , 0 0 0 and that this cost is increas

Assume that the first-year cost of attending college is currently $13,000 and that this cost is increas ing ai a atc of 4 percent per yech. What is the amount needed now to fund four years of college, assuming that your invested funds earn 4 percenc peryear ail er ta es and you plan to begin school this year?
$
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