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This is the answer I put and it said it was wrong. I followed the formulas that were used in other posts that were the
This is the answer I put and it said it was wrong. I followed the formulas that were used in other posts that were the same question but different numbers.
You set up a college fund in which you pay $4500 each year at the beginning of the year. How much money (in $ ) will you have accumulated in the fund after 20 years, if your fund earns 7% compounded annually? Answer: 184479.72Step by Step Solution
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