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You plan to send your child to college in 1 year. Your child will attend college for 5 years Tuition will cost $25,00 per year.

You plan to send your child to college in 1 year.

Your child will attend college for 5 years

Tuition will cost $25,00 per year.

How much would you have to invest today to exactly pay for your child's college, if your investments earn 3.00% APR (compounded annually)?

$111,158

$114,493

$117,927

$116,783

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