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College tuition has been rising at a rate of 7% per year. Currently the average tuition of a state college is $10,600 per year. Andrea's son Trevor will begin college in 9 years. Andrea's portfolio is making 2% annually. How much does Andrea need to have set aside today/now to pay for 4 years of college for Trevor? Explain comprehensively and provide step by step solution.

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Category:- Basic Finance
Reference No.:- M91146963

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