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Business, 27.03.2020 03:08 ramanpreet

An individual is planning to set-up an education fund for her daughter. She plans to invest $7,000 annually at the end of each year. She expects to withdraw money from the fund at the end of 9 years and expects to earn an annual return of 8%. What will be the total value of the fund at the end of 9 years? (Use appropriate factor(s) from the tables provided in your book.)

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An individual is planning to set-up an education fund for her daughter. She plans to invest $7,000 a...
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