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Determining the future value of annuity

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Future Value of Annuity.

Anne plans to retire 20 years from now. To provide for that retirement, she initiates a savings program of $8,500 per year in an investment yielding 11% annually. What will the value of the fund be at the beginning of the retirement time? Please show your work easy way so I can understand.

Reference no: EM131670242

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