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Josies Grandmother will gift $4,000 annually to her beginning today for each of the next 12 years in order to provide for her future educational
Josies Grandmother will gift $4,000 annually to her beginning today for each of the next 12 years in order to provide for her future educational needs. What total amount of money will Josie have when she begins college in 12 years if she invests each annual gift into an account that generates an 8% annual return?
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