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Assume the total expense for your current year in college equals $24,000. How much would your parents have needed to invest 21 years ago

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Assume the total expense for your current year in college equals $24,000. How much would your parents have needed to invest 21 years ago in an account paying 10% compounded annually to cover this amount? OA.$962.46 O$1,000.00 OC$1,728.08 0.53,243.13

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