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I have already saved 10,000 in a mutual fund savings account and I expect to be able to save an additional amount of 9000 for
I have already saved 10,000 in a mutual fund savings account and I expect to be able to save an additional amount of 9000 for each of the next 2 years. I also expect to have to pay 12,000 at both the end of the second and the end of the third year for my son's college tuition. How much money can I spend on vacation today if my expected return on investment is 7%?
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