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Part 1
Parents wish to have $ 110 comma 000 available for a child's education. If the child is now 2 years old, how much money must be set aside at 5 % compounded semiannually to meet their financial goal when the child is 18?LOADING... Click the icon to view some finance formulas.Question content area bottomPart 1The amount that should be set aside is $
enter your response here.
(Round up to the nearest dollar.)
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