when your first child is born, you begin to save for college by depositing $425 per month in an account pay 12% interest per year. you increase the amount you save by 2% per year. with continuous investment and compounding, how much will have accumulated in the account by the time your child enters college 18 years later? (round your answer to the nearest cent.)

10. [-/1 Points) DETAILS WANEFMAC7 14.4.050. NVA MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER When your first child is born, you begin to save for college by depositing 1425 per month in an account paying 12 interest per year you increase the amount you save by 25 per year with continuous Investment and compounding, how much will have accumulated in the count by the time your child to college 18 years later (round your answer to the nearest cant) Show My Work