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Martha Klutz knows that when her daughter goes to college that expenses will be 15817 per year for four years.Her daughter is now a high
Martha Klutz knows that when her daughter goes to college that expenses will be 15817 per year for four years.Her daughter is now a high school sophomore, so the first bill will arrive 3 years from now.The rate of interest is 8%. How large a trust must Klutz set up today so that her daughter's college education is just paid for in the future?
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