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3. Future Value of Annuity. Molly plans to retire 25 years from now. To provide for that retirement, she initiates a savings program of $1,900

3. Future Value of Annuity. Molly plans to retire 25 years from now. To provide for that retirement, she initiates a savings program of $1,900 per year in an investment yielding 8% compounded annually. What will the value of the fund be at the beginning of the retirement time?

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