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Mr. Blochirt is creating a college investment fund for his daughter. He will put in $11,000 per year for the next 14 years and expects

Mr. Blochirt is creating a college investment fund for his daughter. He will put in $11,000 per year for the next 14 years and expects to earn a 9% annual rate of return. How much money will his daughter have when she starts college? Use Appendix C. (Round "FV Factor" to 3 decimal places.) Multiple Choice 286,936 $274,183 $286,209 $275,196

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