Solve the problem. Round to the nearest cent as needed.
-A child receives a $10,000 gift toward a college education from her grandparents on her first birthday. How
much money will it be worth in 17 years if it is invested at 8.25% compounded quarterly? Round your answer
to the nearest cent.

Question

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The Answer of Solve the problem. Round to the nearest cent as needed.
-A child receives a $10,000 gift toward a college education from her grandparents on her first birthday. How
much money will it be worth in 17 years if it is invested at 8.25% compounded quarterly? Round your answer
to the nearest cent.

Solve the Problem