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(FV of annuity due) To finance your newborn daughters education you deposit $1,200 a year at the beginning of each of the next 18 years
(FV of annuity due) To finance your newborn daughters education you deposit $1,200 a year at the beginning of each of the next 18 years in an account paying 8% annual interest. How much will be in the account at the end of the 18th year?
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