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Bob is planning a college fund for his oldest child. He intends to deposit $150 at the end of each month into a money market

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Bob is planning a college fund for his oldest child. He intends to deposit $150 at the end of each month into a money market fund for the next 16 years. The account pays 8.5% annually. What will the balance be at the end of the 16th year? Enter your answer to the nearest penny with no punctuation other than a decimal point. Do not enter commas or dollar signs

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