Question: Your client whose child will be attending college in 6 years, needs to accumulate some amount of money to pay the tuition and fees for

Your client whose child will be attending college in 6 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 $66,056 currently set aside for this purpose and wants to know how much this $66,056 will be worth in 6 years if it is invested at 4.57 percent compounded annually?

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