Question: Your client whose child will be attending college in 5 years, needs to accumulate some amount of money to pay the tuition and fees for

Your client whose child will be attending college in 5 years, needs to accumulate some amount of money to pay the tuition and fees for four years of college. Your client tells you that she has $80,982 currently set aside for this purpose and wants to know how much this $80,982 will be worth in 5 years if it is invested at 6.91 percent compounded annually? Round the answer to two decimal places

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