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Question 4 1 pts You are planning to save for you child's college education which will start in 18 years. You expect the tuition to
Question 4 1 pts You are planning to save for you child's college education which will start in 18 years. You expect the tuition to be $42,577, each year, in years 18 to 21. If your college savings account pays 5.83% APR compounded annually, how much do you have to deposit in years 1 to 14 to exactly fund the tuition? Question 5 1 pts You are planning to purchase a restaurant and are wondering how much to pay for it. You've estimated that the restaurant will generate $433,651 per year for the next 18 years, starting next year. If you want to earn 11.58% on your investments, how much should you pay for the restaurant today
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