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Annie Washington wants to accumulate $70,000 in 6 years for her son's college education. She can deposit $800 at the beginning of every month for

Annie Washington wants to accumulate $70,000 in 6 years for her son's college education. She can deposit $800 at the beginning of every month for the next 6 years. She expects to earn 8% compounded monthly on her investment. Will she be able to reach her goal?

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