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You would like to give your daughter $50,000 towards her college education sixteen years from now. How much money must you set aside today for

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You would like to give your daughter $50,000 towards her college education sixteen years from now. How much money must you set aside today for this purpose if you can earn 7.8% on your funds? Multiple Choice $16.245.33 $14,775.50 O $15,033.84 O $16,909.13 $15,250.00 O

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