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For my oldest son, Timmy, my wife and I EACH put $25 per paycheck into a...

For my oldest son, Timmy, my wife and I EACH put $25 per paycheck into a college fund that earns 9.5% APR. We are both paid bi-weekly (every 2 weeks) and stared saving exactly 2 weeks after he was born. How much will he have for college when he turns 18?

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ANSWER IN THE IMAGE((YELLOW HIGHLIGHTED). FEEL FREE TO ASK ANY DOUBTS. THUMBS UP PLEASE.

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