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Armands wonderful parents establish a college savings plan for him when he was born. They deposited $46 into the account on the last day of

Armands wonderful parents establish a college savings plan for him when he was born. They deposited $46 into the account on the last day of each month. The account has earned 10.1% compounded monthly, tax free. How much can they withdraw on his 18th birthday to spend on his education? Round to two decimal places
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