SOLUTION: Suppose that when you were born, your grandparents deposited $1000 into an account that they hoped would help you pay for college. The account compounds annually at a rate of 4%.

Question 943076: Suppose that when you were born, your grandparents deposited $1000 into an account that they hoped would help you pay for college. The account compounds annually at a rate of 4%.
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Assuming you're 18 when you enter college.

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