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Business, 04.12.2019 20:31 chriscol4082

Joann wants to save for her daughter's education. tuition costs $10,000 per year in today's dollars. her daughter was born today and will go to school starting at age 18. she will go to school for 4 years. she can earn 11% on her investments and tuition inflation is 6%. how much must she save at the end of each year if she wants to make her last savings payment at the beginning of her daughter's first year of college?

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Joann wants to save for her daughter's education. tuition costs $10,000 per year in today's dollars....
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