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How much do have to invest today if savings account earns

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Reference no: EM132755085

The current cost of graduate school tuition is $17,339 per year.

  • The cost of tuition is rising at 6% per year.
  • You plan to attend graduate school for 2 years starting 9 years from now.

Problem 1: How much do you have to invest today if your savings account earns 4.17% APR compounded annually to just fund your tuition?

Reference no: EM132755085

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