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Matt Johnson delivers newspapers and is putting away $35 at the end of each quarter from his paper route collections. Matt is 11 years old

Matt Johnson delivers newspapers and is putting away

$35

at the end of each

quarter

from his paper route collections. Matt is

11

years old and will use the money when he goes to college in

7

years. What will be the value of Matt's account in

7

years with his

quarterly

payments if he is earning

6%

(APR),

9%

(APR), or

13%

(APR)?

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