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Mathematics, 20.05.2021 07:30 babygirl091502
The Osbornes plan to start to saving toward their child's college education when he starts first grade next year at the age of 6.
The child's grandmother gives them $4,000 to start the account.
If they save $400 per month in a credit union account paying 5.4% interest compounded monthly, how much will they have for college expenses 12 years
later?
$100 1600
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