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You wish to make an investment now that will help pay for your daughter college education. You estimate she will need $40,000 a year for

You wish to make an investment now that will help pay for your daughter college education. You estimate she will need $40,000 a year for 4 years beginning 16 years from now. How much do you need to set aside now in an account that pays 4.5% APR compounded quarterly?

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