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Sydney has planned to start her college education five years from now. To pay for her college education, she has decided to save 1500 USD
Sydney has planned to start her college education five years from now. To pay for her college education, she has decided to save 1500 USD every three months for the next five years in a bank account paying 8% annual interest rate compounded quarterly. How much will she have at the end of the fifth year?
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