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A man won 300,000 in a lottery decided to place 50% of his winning in a trust fund for the college education of his son.
A man won 300,000 in a lottery decided to place 50% of his winning in a trust fund for the college education of his son. If the money will earn 14% per year compounded quarterly, how much will be the money at the end of ten years when his son will be starting his college education?
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