Holly wants to have $170,000 to send a recently born child to
college. She sets up a 529 plan and wants to know how much she must
invest at the end of each year for the next 17 years if the funds
can earn 4 percent. Use Appendix C to answer the question. Round
your answer to the nearest dollar.
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If she can earn 6 percent, how much less will she have to invest each year? Use Appendix C to answer the question. Round your answer to the nearest dollar.
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