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Candice medavoy will invest $6420 a year for 24 years in a fund that will earn 5% annual interest. If the first payment into the

Candice medavoy will invest $6420 a year for 24 years in a fund that will earn 5% annual interest. If the first payment into the fund occurs today, what amount will be in the fund in 24 years? If the first payment occurs at year end, what amount will be in the fund in 24 years? 1. First payment today? 2. First payment at year end

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