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If four years of college is expected to cost $150,000 18 years from now, how much must be deposited now into an account that will

If four years of college is expected to cost $150,000 18 years from now, how much must be deposited now into an account that will average 8% annually in order to reach the $150,000?

Using the information above, if you only had $25,836.90 to invest, what rate of interest has to be earned to reach the same goal?

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