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Posted on Sep 03, 2024

My great uncle George recently left me an inheritance of $ 1 0 0 , 0 0 0 . In 8 years, when my twins

My great uncle George recently left me an inheritance of $

100, 000 .

8

years, when my twins are ready to start their post

-

secondary education, I want to gift each of them with $

60, 000

each. The LotsaMoney Savings and Loan offers to compound monthly. What interest rate will I need to accomplish my goal. Explain your strategy here.

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