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Problem:

To pay for her college education, Gina is saving $2,000 at the beginning of each year for the next eight years in a bank account paying 12 percent interest. How much will Gina have in that account at the end of 8th year?

Point up in detail as well as provide all workings and methods.

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  • Category:- Basic Finance
  • Reference No.:- M91147191

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