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Your child will go to college 12 years from now, and will require $20,000 at the beginning of each year for four years. How much
Your child will go to college 12 years from now, and will require $20,000 at the beginning of each year for four years. How much must you invest at the end of each of the 12 years to cover the expenses if you can earn a 10% annual interest rate?
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