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On Excel: A person dies and leaves an estate of $100,000 which is invested and earns 8% per year. Three children aged 8, 10 and

On Excel: A person dies and leaves an estate of $100,000 which is invested and earns 8% per year. Three children aged 8, 10 and 13 survive the person and, at age 18, each child will receive an equal amount from the state. What is this amount? Assume payouts to survivors occur at the end of the year they turn 18. Hint: Goal seek might be helpful here.

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