How much per year at an interest rate should you save

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Question: The cost of each year of college is $20,000. How much per year at an interest rate of 7% should you save for your newborn baby so that he can go to a four-year college at the age of 17? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132173423

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