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To save for her newborn son's college education, Lea Wilson will invest $15,000 at the beginning of each year for the next 18 years. The

To save for her newborn son's college education, Lea Wilson will invest $15,000 at the beginning of each year for the next 18 years. The interest rate is 11 percent. What is the future value? Use Appendix C to calculate the answer.

Multiple Choice

  • $98,160.

  • $839,085.

  • $854,085.

  • $811,576.

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