Question
Regarding the previous problem (you got married, had a baby, college in 19 years). Today, college costs $20,000 per year. If tuition keeps rising by
Regarding the previous problem (you got married, had a baby, college in 19 years). Today, college costs $20,000 per year. If tuition keeps rising by 6% per year, what will four years of college cost junior, in total? Answer to nearest dollar. (Note: the previous problem said: "You have gotten married and just had a baby (congrats!). Junior will go to college in 19 years. Today, college costs $20,000 per year. If tuition keeps rising by 6% per year, what will one year of college cost junior, when he/she attends in 19 years? Answer to nearest dollar." The answer to that problem was 60512.
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