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In order to create a college investment fund, Dr. Winter decides to put $2200 per year for the next 15 years starting one year from
- In order to create a college investment fund, Dr. Winter decides to put $2200 per year for the next 15 years starting one year from now. She expects to earn an 8.5% annual rate of return. How much money, rounded to nearest penny, will be in the account at the end of 15 years if interest is compounded annually?
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Investments
Authors: Zvi Bodie
12th Edition
1260819426, 9781260819427
