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What will be the balance on september

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Question - What will be the balance on September 1, 2018 in a fund which is accumulated by making $10,000 annual deposits each September 1 beginning in 2011, with the last deposit being made on September 1, 2018? The fund pays interest at 8% compounded annually.

a. $106,366

b. $89,229

c. $75,600

d. $57,466

Reference no: EM131799159

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