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You figure that the total cost of college will be $ 50,000 per year 10 years from today. If your discount rate is 3% compounded

You figure that the total cost of college will be $ 50,000 per year 10 years from today. If your discount rate is 3% compounded quarterly what is the present value today of four years of college costs starting 10 years from today?

Select one: a. 158782.36 b. 132635.32 c. 142442.32 d. 165326.32

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