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You set up a college fund in which you pay $3200 each year at the beginning of the year. How much money (in $)
You set up a college fund in which you pay $3200 each year at the beginning of the year. How much money (in $) will you have accumulated in the fund after 24 years, if your fund earns 8.5% compounded annually? Be sure to round to the nearest penny.
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To calculate the amount of money accumulated in the college fun...
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