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8 . Sue Lotadough plans to deposit $ 8 0 0 a year on each birthday of her son Howard. She makes the first deposit

8. Sue Lotadough plans to deposit $800 a year on each birthday of her son Howard. She makes the first deposit on his tenth birthday, at 6% interest compounded annually. Sue wants to know the amount she will have accumulated for college expenses by her sons eighteenth birthday.

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