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How much she must invest at the end of each year

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Question - Holly wants to have $180,000 to send a recently born child to college. She sets up a 529 plan and wants to know how much she must invest at the end of each year for the next 17 years if the funds can earn 5 percent. If she can earn 7 percent, how much less will she have to invest each year?

Reference no: EM133032187

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