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09-02-2024
Business

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Mr. blochirt is creating a college investment fund for his daughter. he will put in $1,000 per year for the next 15 years and expects to earn a 6% annual rate of return. how much money will his daughter have when she starts college?
a. $11,250
b. $12,263
c. $24,003
d. $23,276

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