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Becky would like to have at least $260,000 saved for her daughter's college education.If she invests $75,000 in an education account paying 7.25% interest compounded
Becky would like to have at least $260,000 saved for her daughter's college education.If she invests $75,000 in an education account paying 7.25% interest compounded quarterly, will she reach her goal in 18 years?Show all work to justify your answer and include appropriate units.
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