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Parents wish to have $ 1 3 0 , 0 0 0 available for a child's education. If the child is now 9 years old,

Parents wish to have $130,000 available for a child's education. If the child is now 9 years old, how much money must be set aside at 5% compounded semiannually to meet their financial goal
when the child is 18?
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The amount that should be set aside is $
.
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