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If Your Parents Deposited $15,000 into an Account for You

Question 28

Multiple Choice

If your parents deposited $15,000 into an account for you when you were born as part of a college savings fund and that account is earning 10% annually,how much will you have in your college savings fund on your 18th birthday?


A) $36,099.29
B) $83,398.76
C) $162,520.59
D) $50,795.32

Correct Answer:

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