Suppose you wish to save for your childs education by opening an educational savings account....
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Accounting
Suppose you wish to save for your childs education by opening an educational savings account. You plan to deposit $100 per month, at the end of the month for the next 15 years. Assume that you will be able to earn 10% annually, compunded monthly on your investment. How much will you have in 15 years?
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