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As a savings plan to ensure your childs college education a

As a savings plan to ensure your child's college education, a couple decides to deposit $ 100 a month into a bank account that pays interest at a rate of 6% per year compounded monthly. If the savings plan started when the child was 6 years old, how much money would have accrued when he turned 18?

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Financial Management: As a savings plan to ensure your childs college education a

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