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To save for her newborn son's college education, Lea Wilson will invest $17,000 at the beginning of each year for the next 13 years. The
To save for her newborn son's college education, Lea Wilson will invest $17,000 at the beginning of each year for the next 13 years. The interest rate is 8 percent. What is the future value? Use Appendix C. (Round "FV Factor" to 3 decimal places.)
$394,655.
$46,240.
$411,655.
$367,146.
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