Mary Taggart is a graduating college senior and she is considering the costs of going to medical

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Mary Taggart is a graduating college senior and she is considering the costs of going to medical school. Beginning next fall, Mary expects medical school tuition to run $45,000 for the first year and she estimates that tuition will increase by 6% each year. If Mary is able to invest her money in an account paying 8% interest per year, then the present value to Mary of four years of medical school tuition is closest to:

Posted Date: May 19, 2024 08:02 AM

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Mary Taggart is a graduating college senior and she is considering the costs of going to medical

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