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You sister wants to go to college. Assuming that she will have to pay $ 1 0 , 0 0 0 at the beginning of

You sister wants to go to college. Assuming that she will have to pay $10,000 at the beginning of each year for the next 4 years, how much money would she need to have saved when she starts college. Assume that the funds can be invested at a 4% annual interest rate (annual compounding).
Question 26 options:
None of the answers are correct
$43,299
$37,751
$36,299
$40,000

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