Question: Abe will need $ 2 0 , 0 0 0 per year for four years to pay for tuition. How much will Abe s parents

Abe will need $20,000 per year for four years to pay for tuition. How much will Abes parents have to invest at the end of each year for the 8 years before he begins his studies if their savings earn compound interest at 8 percent per year?

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