An investment returning

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Marcy placed $3800 a year into an investment returning 5 percent a year for her daughter's college education. She started when her daughter was 2. How much did she accumulate by her daughters 18th birthday?

Reference no: EM13662716

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An investment returning : Marcy placed $3800 a year into an investment returning 5 percent a year for her daughter's college education. She started when her daughter was 2. How much did she accumulate by her daughters 18th birthday?
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