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Assume the total expense for your current year in college equals $50,000. Approximately how much would your parents have needed to invest 21 years ago

Assume the total expense for your current year in college equals $50,000. Approximately how much would your parents have needed to invest 21 years ago in an account paying 6% compounded annually to cover this amount? $9,522.50$14,707.77$10,728.00$34,973.42

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