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When Jack was 4 years old his parents opened a college savings account for him...

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When Jack was 4 years old his parents opened a college savings account for him His parents want the account to reach 12 500 by the time he turns 18 If the account has an interest rate of 6 3 compounded monthly how much money would they have to initially invest O 5186 38 O 7623 13 O 3522 61

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When Jack was 4 years old his parents opened a college savings account for him His parents want the account to reach 12 500 by the time he turns 18 If the account has an interest rate of 6 3 compounded monthly how much money would they have to initially invest O 5186 38 O 7623 13 O 3522 61

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