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Four year degree assuming the expenses

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Taylor is planning for her son's college education to begin five years from today she estimates that yearly tuition books and living expenses to be 10,000 per year for a four year degree assuming the expenses incur only at the end of the year how much must Taylor deposit today at an interest rate of 7% for her son to be able to withdraw 10,000 per year for four years of college.

Reference no: EM133120114

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