Question: When your son is born, you opened an educational savings account. At the beginning of each year, for seventeen years, you deposit $1,550 into the

When your son is born, you opened an educational savings account. At the beginning of each year, for seventeen years, you deposit $1,550 into the account. The investment earned 5.40% compounding monthly. How much is the account now worth on your son's eighteenth birthday?

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