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Posted on Aug 29, 2024

In order to save for your child's college education, you want to save $ 2 0 0 every month for 2 0 years, starting one

In order to save for your child's college education, you want to save $

200

every month for

20

years, starting one month from now. The monthly interest rate on your savings account is

0.4 % .

How much money will you have in your account in

20

years?

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