You are planning to do your MBA in fours year. Your favorite uncle has offered...
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You are planning to do your MBA in fours year. Your favorite uncle has offered to give you a $10,000 a year for 4 years to fund your first year of graduate school which is expected to cost $45,000. If these funds are invested at 5.25%, would you have enough money if each payment is made at the beginning of each year?
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