Question: 8. A quick 18 years from now, you expect your new-born daughter to go to college. How much money should you invest now in an

8. A quick 18 years from now, you expect your new-born daughter to go to college. How much money should you invest now in an account paying 3% interest annually so that you have $50,000 to pay for her first semester? 9. How long will it take $10,000 to grow to $40,000 in an account paying 1.75% interest, compounded quarterly

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