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To save for her newborn son's college education, Lea Wilson will invest $1,000 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 $1,000 at the beginning of each year for the next 18 years. The interest rate is 12 percent. What is the future value? 1) $7,690 2) $34,931 3) $63,440 4) $55,750

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