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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 18 years and expects

Mr. Blochirt is creating a college investment fund for his daughter. He will put in $1,200 per year for the next 18 years and expects to earn a 5% annual rate of return. How much money will his daughter have when she starts college?

$37,190

$35,912

$31,539

$33,759

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