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Ron has been investing $3,500 at the beginning of each year for the past 10 years for his daughters college education. How much has he
Ron has been investing $3,500 at the beginning of each year for the past 10 years for his daughters college education. How much has he accumulated assuming he has earned 11% compounded annually on his investment?
a. 64,965
b. 58,527
c. 82,188
d. 73,285
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