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I am planning to invest $1,000 at the end of each month to my daughters college (starting at the end of this month) fund that
I am planning to invest $1,000 at the end of each month to my daughters college (starting at the end of this month) fund that earns a 12% annual rate of return compunded montly. Assuming that she starts college in exactly 5 years and she will spend 4 years in college, how much tuition can she afford to pay at the beginning of each of her 4 years in college?
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