What is the present value today

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You figure that the total cost of college will be $100,000 per year 18 years from today. If your discount rate is 8% compounded annually, what is the present value today of 4 years of college costs starting 18 years from today?

Reference no: EM13547739

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What is the present value today : If your discount rate is 8% compounded annually, what is the present value today of 4 years of college costs starting 18 years from today?
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