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- You would like to give your son $ 1 7 0 , 0 0 0 towards his college education 2 2 years from now.

- You would like to give your son $170,000 towards his college education 22 years from now. How much money must you set aside today for this purpose if you can earn 6% on your investments?
A. $12,250.00 B. $74,157.87 C. $27,797.96 D. $47,175.87 E. $47,157.87

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