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Mr. Blochirt is creating a college investment fund for his daughter. He will put in $20,000 per year for the next 16 years and expects

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Mr. Blochirt is creating a college investment fund for his daughter. He will put in $20,000 per year for the next 16 years and expects to earn a 11% annual rate of return. How much money will his daughter have when she starts college? Use Appendix C to calculate the answer. Multiple Choice 0 $771,774 0 $772,787 0 784,527 0 $783,800

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