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Madelyn needs $25,000 in order to pay for their daughter's college education. They just received a substantial inheritance. If their daughter will start school in
Madelyn needs $25,000 in order to pay for their daughter's college education. They just received a substantial inheritance. If their daughter will start school in 12 years, how much should they put into an account today if their account earns a 1.8% interest rate and they can also save $64 per month? (Enter your answer as a positive number)
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