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Parents wish to have $ 1 4 0 , 0 0 0 available for a child's education. If the child is now 6 years old,

Parents wish to have $140,000 available for a child's education. If the child is now 6 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 $
(Round up to the nearest dollar.)
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