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-Q- Your child will need $100,000 in 18 years in order to pay for college. How much money should you save each year if you

-Q- Your child will need $100,000 in 18 years in order to pay for college. How much money should you save each year if you can earn 7% per year (compounded annually) in a 529 plan? Round to the nearest 0.01.

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