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You plan to contribute $1,000 per quarter for the next 18 years in order to provide funds for college for a child. Assuming an annual

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You plan to contribute $1,000 per quarter for the next 18 years in order to provide funds for college for a child. Assuming an annual rate of return of 12%, compounded quarterly, calculate the accumulated value of this college savings account in 18 years. [6 points]

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