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Suppose you plan to send your daughter to college in three years. You expect her to earn two- thirds of her tuition payment in scholarship money, so you estimate that your payments will be $10,000 a year for four years. To estimate whether you have set aside enough money, you ignore possible inflation in tuition payments and assume that you can earn 8 percent annually on your investments. How much should you set aside now to cover these payments? 第二步的N是0-3年的PV计算,N等于3还是2?
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