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  • Oct 30, 2012, 02:55 AM
    frances20
    Answers to math word problems
    At the birth of her daughter, Teresa placed $6000 in a savings account to save for her daughter's college education. She wants to have $25,000 by the time her daughter is 18.

    1. Teresa finds an investment that pays 7.2% compounded daily. Will this meet her investment goal?

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