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Assume the total expense for your current year in college equals $25,000. Approximately how much would your parents have needed to invest 25 years ago

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Assume the total expense for your current year in college equals $25,000. Approximately how much would your parents have needed to invest 25 years ago in an account paying 7% compounded annually to cover this amount? $ 952 $4,606.23 $1,728 $3,973

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