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Mr. Blochirt is creating a college investment fund for his daughter. He will put in $1,200 per year for the next 5 years starting one

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Mr. Blochirt is creating a college investment fund for his daughter. He will put in $1,200 per year for the next 5 years starting one year from now and expects to earn a 9% annual rate of return. How much money will his daughter have when she starts college? Select one: 5,400 7,182 5,637 5,985 4,212 5,000

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