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Kassandra's parents invested $1,000 into a college fund the day she was born. They added $50 per month every month thereafter until Kassandra turned 18

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Kassandra's parents invested $1,000 into a college fund the day she was born. They added $50 per month every month thereafter until Kassandra turned 18 years old. The college fund earned 7.85% over its life. What is the college fund worth on Kassandra's 18th birthday? $19,952.04 $25,111.63 $22,297.10 $27,702.65 $305 R1

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