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Assuming that college costs continue to increase an average of 4% per year and that all her college savings are invested in an account paying
Assuming that college costs continue to increase an average of 4% per year and that all her college savings are invested in an account paying 7% interest, then the amount of money she will need to have available at age 18 to pay for all four years of her undergraduate education is closest to: WIYH FORMULA STEP BY STEP (Ctrl) A) $97,110. B) $107,532. C) $101,291. D) $50,000. W O N * Assuming that college costs continue to increase an average of 4% per year and that all her college savings are invested in an account paying 7% interest, then the amount of money she will need to have available at age 18 to pay for all four years of her undergraduate education is closest to: WIYH FORMULA STEP BY STEP (Ctrl) A) $97,110. B) $107,532. C) $101,291. D) $50,000. W O N *
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