Question: Danielle has determined that she needs $150,000 when her son starts college in 18 years. Approximately how much money does Danielle need to set aside

  1. Danielle has determined that she needs $150,000 when her son starts college in 18 years. Approximately how much money does Danielle need to set aside today if she can earn 6% on her investments?
  2. a. $26,000
  3. b. $52,000
  4. c. $78,000
  5. d. $104,000

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