Ever since your first birthday, your parents have been depositing $1,100 into a college savings...
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Finance
Ever since your first birthday, your parents have been depositing $1,100 into a college savings account on every one of your birthdays. The account pays 9% interest annually. Immediately after your parents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to which of the following? O A. $45,431.47 B. $27,258.88 C. $54,517.76 D. $63,604.06
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