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How much do I need to invest today, if I need $215,000 for my children's education in 20 years, at an interest rate of 4.75%

How much do I need to invest today, if I need $215,000 for my children's education in 20 years,

at an interest rate of 4.75% compounded daily? (use 360 days for daily and round answer to

nearest cent)?

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