16- To save for her newborn son's college education, Lea Wilson will invest $22,000 at the beginning
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Question:
16- To save for her newborn son's college education, Lea Wilson will invest $22,000 at the beginning of each year for the next 18 years. The interest rate is 8 percent. What is the future value? UseAppendix Cto calculate the answer.
- $911,812.
- $87,912.
- $862,303.
- $889,812.
Related Book For
Calculus Early Transcendentals
ISBN: 9781337613927
9th Edition
Authors: James Stewart, Daniel K. Clegg, Saleem Watson, Lothar Redlin
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