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The current cost of graduate school tuition is $18,313 per year. The cost of tuition is rising at 8% per year. You plan to attend

The current cost of graduate school tuition is $18,313 per year. The cost of tuition is rising at 8% per year. You plan to attend graduate school for 3 years starting 3 years from now. How much do you have to invest today if your savings account earns 4.88% APR compounded annually to just fund your tuition?

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