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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.

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.

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