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Question content area top Part 1 Parents wish to have $150,000 available for a child's education. If the child is now 8 years old, how much money must be set aside at 8% compounded semiannually to meet their financial goal when the child is 18?.

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Question content area top Part 1 Parents wish to have $150,000 available for a child's education. If the child is now 8 years old, how much money must be set aside at 8% compounded semiannually to meet their financial goal when the child is 18?

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