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Business, 31.10.2021 01:00 mommyp1973

g Your four-year-old daughter has just announced that she would like to attend the college. The College Board has reported that the average cost of in-state tuition, board, room, and other expenses at public four-year colleges is $20,090 in the 2016-2017 academic year . The cost has risen 2.7% over the last year. You believe that you can earn a rate of 8% on investment to meet this goal. a. If costs continue to rise at 2.7% per year, how much will it cost for the first-year tuition in 14 years

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