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nuity CHAI 9. Mary has just received an inheritance of $250,000. She wants to save this money until her daughter goes to college. If she

nuity CHAI 9. Mary has just received an inheritance of $250,000. She wants to save this money until her daughter goes to college. If she can earn an average of 9.5 percent, compounded annually, how much will she have when her daughter enters college 16 years from now? Show calculations or calculator/Excel inputs. rch

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