A mother opened an investment account for her son on the day he was born, investing $900.Each

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A mother opened an investment account for her son on the day he was born, investing $900.Each year on his birthday, she deposits

$900, making the last deposit on his 19th birthday. If the account paid a return rate of 4.6% compounded annually, how much is in the account at the end of the day on the son's 19th birthday?

Related Book For answer-question

South Western Federal Taxation 2015 Essentials of Taxation Individuals and Business Entities

ISBN: 9781285438290

18th edition

Authors: James Smith, William Raabe, David Maloney, James Young

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Posted Date: May 11, 2022 03:21 AM

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A mother opened an investment account for her son on the day he was born, investing $900.Each

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South Western Federal Taxation 2015 Essentials of Taxation Individuals and Business Entities

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