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Question A newborn child receives a ​$ style=”color:rgb(0,0,0);”>6,000 gift toward a college education from her grandparents. How much will the ​$6,000 be worth in 20 years if it is invested at 4.7% compounded​ quarterly? It will be worth $____

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Question

A newborn child receives a ​$ style=”color:rgb(0,0,0);”>6,000 gift toward a college education from her grandparents. How much will the ​$6,000 be worth in 20 years if it is invested at 4.7% compounded​ quarterly?
It will be worth $____

 
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