Question: Pls explain step by step with formulas used. Thanks Laura Diane is creating a university investment fund for her son Leland. She will put in

Pls explain step by step with formulas used. Thanks

Laura Diane is creating a university investment fund for her son Leland. She will put in $71.00 per month at the end of each month for the next 15 years and expects to earn an 8% annual rate of return, compounded monthly. How much money will Leland have when he starts university

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