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How much you need to invest to have enough money

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Reference no: EM131983398

1. Explain how you calculate how much you need to invest to have enough money for your Child's college with interest rate 7%, if it will cost 100,000 in 18 years?

Calculate the time value?

2. What is the EAR if the APR is 6% and it compounds daily?

Reference no: EM131983398

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