Question: Question 8 (0.8 points) You set up a college fund in which you pay $4500 each year at the beginning of the year. How much

Question 8 (0.8 points) You set up a college fund in

which you pay $4500 each year at the beginning of the year.

Question 8 (0.8 points) You set up a college fund in which you pay $4500 each year at the beginning of the year. How much money (in S) will you have accumulated in the fund after 20 years, if your fund earns 10% compounded annually? Your Answer: You set up a college food in which you pay S2000 each year at the end of the year. How much money will you have accumulated in the fund after years, if your fund earns 11% compounded annually Your

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