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You want to have $110,000 for your daughters education 18 years from now. If you can earn 5 percent, compounded annually, on your savings, how

You want to have $110,000 for your daughters education 18 years from now. If you can earn 5 percent, compounded annually, on your savings, how much do you need to deposit today to reach your goal? (please don't use excel)

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