Solved: These costs are rising at 7 annually it will be 18 years, Business Economics

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These costs are rising at 7 annually it will be 18 years

Jim and Toni want to save money for baby Johnny's college career. The total cost for college is $256,410.26. These costs are rising at 7% annually. It will be 18 years until Johnny goes to college. Johnny will attend college for 5 years. What are the total costs?

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Business Economics: These costs are rising at 7 annually it will be 18 years

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