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TVM TheJohnson's are planning ahead for their son's education. He's eight now and will start college in 10 years. How much will they have to
TVM
TheJohnson's are planning ahead for their son's education. He's eight now and will start
college in 10 years. How much will they have to set aside at the end of each year to have $65,000 in
10 years if the annual interest rate is 7%?
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