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A father has been saving for his child's college education since he turned 5 years old. He has been paying $600 per quarter into a

A father has been saving for his child's college education since he turned 5 years old. He has been paying $600 per quarter into a tax free account that pays 7% interest per year compounded quarterly. How much will the father have earned for his child when his child is ready to go to college at 18?

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