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If the first payment into the fund occurs today what amount


Question - Maria Medavoy will invest $8,450 a year for 15 years in a fund that will earn 10% annual interest.

If the first payment into the fund occurs today, what amount will be in the fund in 15 years? If the first payment occurs at year-end, what amount will be in the fund in 15 years?

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Accounting Basics: If the first payment into the fund occurs today what amount
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