Multiple Choice
You would like to give your daughter $75,000 towards her college education 17 years from now.How much money must you set aside today for this purpose if you can earn 8 percent on your investments?
A) $18,388.19
B) $20,270.17
C) $28,417.67
D) $29,311.13
E) $32,488.37
Correct Answer:
Verified
Correct Answer:
Verified
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