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To save for her newborn sons college education lea wilson

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Reference no: EM13570141

To save for her newborn son's college education, Lea Wilson will invest $1,000 at the beginning of each year for the next 18 years. The interest rate is 12 percent. What is the future value?

1) $7,690
2) $34,931
3) $63,440
4) $55,750

Reference no: EM13570141

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