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Assume that your parents wanted to have $160,000 saved for college by your 18th birthday and they started saving on your first birthday. They are

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Assume that your parents wanted to have $160,000 saved for college by your 18th birthday and they started saving on your first birthday. They are the same amount each year on your birthday and earned esper year on their invest a. How much would they have to save each year to reach the goal b. If they think you will take five years instead of four to graduate and decide to have $200,000 saved just in case how much would they have to save each year to reach the new goal? a. How much would they have to save each year to reach the goal? To reach the goal of $160.000, the amount they have to save each year is $(Round to the nearest cent) bs. If they think you will take five years instead of four to graduate and decide to have $200,000 saved just in case how much would they have to save each year to reach the new gar? To reach the goal of $200,000, the amount they have to save each year is $(Round to the nearest cert) Enter your wer in each of the answer boxes O II go End Pop Pin 14 F2 13 ESC & 0 9 % # $ 7 8 @ 6 5 4 2 3 O P U T R

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