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As a savings plan for college, when their son Bob was born, the Wilburs deposited $10,000 in an account paying 7% compounded annually. How much
As a savings plan for college, when their son Bob was born, the Wilburs deposited $10,000 in an account paying 7% compounded annually. How much will the account be worth (in $) when Bob is 18 years old? (Use Table 11-1.)
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