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Assume the total expense for your current year total expense for your current yearin college equals $20,000. Approximately how much would your parents have needed to invest 21 years ago in an account paying 8% compounded annually to cover this amount?

A) $ 952

B) $1,600

C) $1,728

D) $3,973

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Accounting Basics, Accounting

Category:- Accounting Basics
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