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You want to put some money for your childs college education. College will cost $100,000 after 20 years. You can earn 6% annual interest rate,

You want to put some money for your childs college education. College will cost $100,000 after 20 years. You can earn 6% annual interest rate, how much do you need to invest today?

$2,718
$5,000
$31,180
None of the above; the correct answer is ____

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