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An individual is planning to setup an education fund for her children. She plans to invest $15,000 annually at the end of each year. She

An individual is planning to setup an education fund for her children. She plans to invest $15,000 annually at the end of each year. She expects to withdraw money from the fund at the end of 10 years and expects to earn an annual return of 8%. What will be the total value of the fund at the end of 10 years?


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