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Assume the total cost of a college education will be $130,000 when your infant child enters college in 10 years. How much should you invest

Assume the total cost of a college education will be $130,000 when your infant child enters college in 10 years. How much should you invest at the end of each month in order to accumulate the required $130,000 at the end of 10 years if your monthly investments earn an annual interest rate of 6 percent, compounded monthly

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