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Your parents won the lottery and have agreed to set aside part of their winnings for you to pay for college. You will need $4,000

Your parents won the lottery and have agreed to set aside part of their winnings for you to pay for college. You will need $4,000 at the beginning of each year for the next 3 years. How much money should your parents set aside for you if you can invest your savings in an account that earns 8.5% per year? $10,216 $14,158 $12,000 13,048.90 $11,084

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