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A College Education Costs Approximately $75,000 at an Ivy League

Question 34

Multiple Choice

A college education costs approximately $75,000 at an Ivy League school. If inflation averages 5% per year, what will be the cost of the college education in 15 years?


A) $1,745,697.74
B) $155,919.61
C) $125,754.75
D) $36,076.28

Correct Answer:

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