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Sam Long anticipates he will need approximately $226,500 in 12 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 $226,500 in 12 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% compounded semiannually

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