Mr. Blochirt is creating a college investment fund for his daughter. He will put in $1,000 per year for the next 15 years beginning one year from now and expects to earn a 6% annual rate of return. How much money will his daughter have when she starts college?
A)$11,250
B)$12,263
C)$24,003
D)$23,276

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The Answer of Mr. Blochirt is creating a college investment fund for his daughter. He will put in $1,000 per year for the next 15 years beginning one year from now and expects to earn a 6% annual rate of return. How much money will his daughter have when she starts college?
A)$11,250
B)$12,263
C)$24,003
D)$23,276

Mr Blochirt Is Creating a College Investment Fund for His