Multiple Choice
Your friend John started college at the age of 18 with $63,450 already saved,because 18 years ago when he was born his parents placed money into a special college savings account earning 7.25% per year.How much money did John's parents place into his college account?
A) $18,000
B) $3,525
C) $17,262
D) $5,824
Correct Answer:
Verified
Correct Answer:
Verified
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