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You want to have $75,000 in 16 years to help your child attend college. If you can earn an annual interest rate of 3.7 percent,

You want to have $75,000 in 16 years to help your child attend college. If you can earn an annual interest rate of 3.7 percent, how much will you have to deposit today?

$40,850

$26,262

$43,676

$44,290

$41,937

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