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math

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You think that in 15 years it will cost $212,000 to provide your child with a 4 year college education. Will you have enough if you take $70,000 today and invest it for the next 15 years at 5%?

  • math -

    amount of investment = 70000(1.05)^15
    = 145524.97

    nope, not even close.

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