MA 101 - Montgomery College

On the day you were born, your grandparents set a college fund for you. They deposited $10,000 in an account that paid 8% compounded annually. How much will you have available for college when you turn 18? The population of a country was 2.5 million people in the year 2000 and since then it has been increasing at a rate of 2% annually. ................
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