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Eighteen years from now, 4 years of college are expected to cost $150,000. How much more must be deposited into an account today to fund
Eighteen years from now, 4 years of college are expected to cost $150,000. How much more must be deposited into an account today to fund this expense if you can earn only 8% on your savings rather than the 11% you hope to earn? A) $12,211.18 B) $14,006.41 C) $13,609.21 D) $14,614.03
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