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When my daughter Sherry turned one month old, I deposited $600 to a savings account for her. I have been doing this ever since, i.e.,
When my daughter Sherry turned one month old, I deposited $600 to a savings account for her. I have been doing this ever since, i.e., $600 deposited every month. When Sherry is 18 years old, how much money can she get from that account if the interest rate is fixed at 3.6%? Show work please.
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