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Posted on Sep 07, 2024

To save for her newborn son's college education, Lea Wilson will invest $ 1 6 , 0 0 0 at the beginning of each year

To save for her newborn son's college education, Lea Wilson will invest $

16, 000

at the beginning of each year for the next

12

years. The interest rate is

12

percent. What is the future value

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