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Cary's wonderful parents established a college savings plan for him when he was born. They deposited $50 into the account on the last day of each...

Cary's wonderful parents established a college savings plan for him when he was born. They deposited $50 into the account on the last day of each month. The account has earned 10% compounded monthly, tax-free. How much can they withdraw on his 18th birthday to spend on his education?

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Finance-7616676.xls

Cary's wonderful parents established a college savings plan for him when he was born. They deposited $50 into the account on the last day of each month.
The account has earned 10% compounded...

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