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On January 1, 2014, Alan King decided to deposit $60,800 in a savings account that will provide funds 5 years later to send his son
On January 1, 2014, Alan King decided to deposit $60,800 in a savings account that will provide funds 5 years later to send his son to college. The savings account will earn 14 percent, which will be added to the fund each year-end.
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