Question: Solve the following problem and write the complete answer, including appropriate units. Patrice put $52,000 in an education account the day her daughter was born.
Solve the following problem and write the complete answer, including appropriate units.
Patrice put $52,000 in an education account the day her daughter was born. If the account earned 6.65% interest compounded quarterly, what was the total in the account when her daughter turned 18? Round the final answer to the nearest cent.
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