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A lottery winner will receive annual end of year payments of $99,217.00. If the lottery winner invests 25.00% of each payment to a mutual fund
A lottery winner will receive annual end of year payments of $99,217.00. If the lottery winner invests 25.00% of each payment to a mutual fund that pays 3.00% APR, what is the future value of his account after 16.00 years?
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