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Assume the child's total annual college tuition expense is $20,000. About how much money should the parents have invested 21 years ago in an account

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Assume the child's total annual college tuition expense is $20,000. About how much money should the parents have invested 21 years ago in an account that paid 8% interest compounded annually? Seleccione una: a. $952 b. $1,600 c. $1,728 d. $3,973 e. $397

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