Question 1111259
Shana put $25,000 in an education
account on the day her daughter was born. If the account earned 6.65% interest
compounded quarterly, what was the total
in the account when her daughter turned
18? 

A=P*(1+0.0665)^n

A= 25000*(1.016625)^(18*4)

A= $81,943.89 after 18 years