Question 3 4 pts B S W You want to save for your daughter's college...

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Question 3 4 pts B S W You want to save for your daughter's college education and you estimate that she will need $185,000 in 16 years. If you can earn 6.75% interest per year (annually compounded), how much do you need to invest today (rounded to the nearest dollar)? FI M $65,056 TU $58,109 In $61,429 $60,942 None of the above. S

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