armins wonderful parents established a college savings plan for him when he was born they deposited $61 into the account on the last day of each month the account has earned 10.3% compounded monthly, tax-free. how much can they withdraw on his 18th birthday to spend on his education? round to two decimal places (ex. $00.00)

Answer rating: 100% (QA)

Step 12 Amount deposit each month Rate of return pa compounded monthly Mont... View the full answer