Question: Kulbir has set up an automatic account builder plan with an investment company. At the end of each month, the company automatically deducts $125 from

Kulbir has set up an “automatic account builder” plan with an investment company. At the end of each month, the company automatically deducts $125 from his checking account and deposits it into an account he has set up to save for his kids’ college costs. If this continues for 17 years, and the account earns 6.36%, how much will his account grow to?

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