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Jeff has just turned seven. His aunt has deposited $10,000 into a college fund for year and intends to deposit a further $3,000 per annum
Jeff has just turned seven. His aunt has deposited $10,000 into a college fund for year and intends to deposit a further $3,000 per annum for the next eleven years. What will be in the college fund when Jeff turns eighteen if the return earned on the fund is 6% per annum
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