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QUESTION

Maria put $65,000 in an education account on the day her daughter was born. If the account earned 5.05% interest compounded quarterly, what was the

Maria put $65,000 in an education account

on the day her daughter was born. If the

account earned 5.05% interest

compounded quarterly, what was the total

in the account when her daughter turned

18? Round the final answer to the nearest

cent.

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