Question
You set up a college fund in which you pay $4000 each year at the beginning of the year. How much money (in $) will
You set up a college fund in which you pay $4000 each year at the beginning of the year. How much money (in $) will you have accumulated in the fund after 28 years, if your fund earns 11% compounded annually?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
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