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If the cost of one year of college is $ 1 7 , 0 0 0 today, how much will one year of college cost

If the cost of one year of college is $

17, 000

today, how much will one year of college cost when a child who is

8

today reaches age

18 ?

The cost of college increases at a rate of

5 % . (

Round to the nearest dollar and do not use a dollar sign

)

Answer:

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