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Suppose that when your child turns 8years old, you invest $40,000 into a college fund account for your child. Further assume that you can earn

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Suppose that when your child turns 8years old, you invest $40,000 into a college fund account for your child. Further assume that you can earn 15% annual return compounded WEEKLY on your investment. If you estimate that you will need $400,000 to pay for college, at approximately what age can your child attend college? 24 years old 28 years old 18 years old 186 years old

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