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5. As a savings plan to guarantee their child's college education, a couple decides to deposit $ 100 a month in a bank account that

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5. As a savings plan to guarantee their child's college education, a couple decides to deposit $ 100 a month in a bank account that pays interest at a 6% rate for a year compounded monthly If the savings plan started when the child was 6 years old, how much money will he have accumulated when he turns 18? (to (Ctrl)

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