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The Clark family began savings for their child's college 14 years ago. Each year they contributed $ 4500 per year at the end of each
The Clark family began savings for their child's college 14 years ago. Each year they contributed $4500 per year at the end of each year. In year 2, Clarks were able to contribute an extra $3000 in addition to the usual $4500 contribution. Using an interest rate of 4.60%, how much do they have accumulated in their child's college fund?
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