To save for their child's college education, parents put $250 at the beginning of each month into an account that pays 6.5% annual interest, compounded monthly. How much will they have saved if they do this for 18 years? Round to the nearest cent.

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The Answer of To save for their child's college education, parents put $250 at the beginning of each month into an account that pays 6.5% annual interest, compounded monthly. How much will they have saved if they do this for 18 years? Round to the nearest cent.

To Save for Their Child's College Education, Parents Put $250