Mr. Blochirt is creating a college investment fund for his daughter. He will put in $850 per

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Mr. Blochirt is creating a college investment fund for his daughter. He will put in $850 per year for the next 15 years and expects to earn a 8% annual rate of return. How much money will his daughter have when she starts college?

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Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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Question Posted: May 20, 2013 06:31 AM

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Mr. Blochirt is creating a college investment fund for his daughter. He will put in $850 per

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