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You are planning to start graduate school in three years. Your first year tuition is $15,000 to be paid at t=3 and your second year
You are planning to start graduate school in three years. Your first year tuition is $15,000 to be paid at t=3 and your second year tuition is $18,000 to be paid at t=4. Estimate the amount of money you need to invest today in a mutual fund yielding 5% to cover your future tuition expenses. $27,190 $28,521 $28,665 $27.766
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