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You set up a college fund in which you pay S4000 each year at the beginning of the year. How much money (in S) will

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You set up a college fund in which you pay S4000 each year at the beginning of the year. How much money (in S) will you have accumulated in the fund after 20 years, if your fund earns 10% compounded annually? Your Answer: 80764.58

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