Question: Joe's son will start college in 15 years. Joe wants to accumulate money for his son's education. He is going to place $2,778 every quarter

Joe's son will start college in 15 years. Joe wants to accumulate money for his son's education. He is going to place $2,778 every quarter of a year at the end of the period in a saving account, at an annual interest rate of 11.24 percent per year, compounded quarterly. How much money will be in his account at the end of that time period?

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