An individual is planning to set-up an eduacation fund for, Ask an Expert

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An individual is planning to set-up an eduacation fund for her children. She plans to invest $10,000 annually at the end of each year. She expects to withdraw money from the fund at the end of 10 years and expects to earn an annual return of 8%. What will be the total value of the fund at the end of 10 years?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92045070

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