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Sam Long anticipates he will need approximately $226,000 in 13 years to cover his 3-year-old daughters college bills for a 4-year degree. How much would

Sam Long anticipates he will need approximately $226,000 in 13 years to cover his 3-year-old daughters college bills for a 4-year degree.

How much would he have to invest today at an interest rate of 10 percent compounded semiannually?

AMOUNT: ???

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