Just enough to pay for your tuition

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Reference no: EM131813032

You plan to go to graduate school starting 4 years from today. The tuition at that time will be $21333 per year and you will go for two years. How much do you have to invest in years 1, 2 and 3 in an account that earns 4.6% APR, compounded annually, to have just enough to pay for your tuition?

Reference no: EM131813032

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