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To pay for her college education, Gina is saving $3,000 at the beginning of each year for the next eight years in a bank account

To pay for her college education, Gina is saving $3,000 at the beginning of each year for the next eight years in a bank account paying 10 percent interest. How much will Gina have in that account at the end of 8th year?

a.

$24,599

b.

$11,128

c.

$37,738

d.

$9,935

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