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On your child's 1 st birthday, you open an account to fund his college education. You deposit $2,600 to open the account. Each year, on

image text in transcribed On your child's 1 st birthday, you open an account to fund his college education. You deposit $2,600 to open the account. Each year, on his birthday, you make another deposit. Each subsequent deposit is 6% larger than the previous. The account pays interest at 5\%/year compounded annually. How much money is in the account immediately after the deposit on his 18 th birthday? \$

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