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You figure that the total cost of college will be exist105,000 per year for 4 years starting 18 years from today. If your discount rate

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You figure that the total cost of college will be exist105,000 per year for 4 years starting 18 years from today. If your discount rate is 5% compounded annually, what is the present value today of 4 years college starting 18 years from today? a) exist188, 049 b) exist154, 708 c) exist372, 324 d) exist777, 930

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