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Use the following 8% interest factors What will be the balance on September 1, 2027 in a fund which is accumulated by making $20,000 annual
Use the following 8% interest factors
What will be the balance on September 1, 2027 in a fund which is accumulated by making $20,000 annual deposits each September 1 beginning in 2020, with the last deposit being made on September 1, 2027? The fund pays interest at 8% compounded annually.
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