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Calculate the college fund required to start a four year college program in 15 years time. The tuition fees are currently 15,000 and are first

Calculate the college fund required to start a four year college program in 15 years time. The tuition fees are currently 15,000 and are first payable at the start of year 16. Inflation is 4% and the rate of return is 9%. You have currently saved nothing, What amount do you need to save at the end of each year to afford college tuition.

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