Mathematics, 21.05.2021 18:20 21stcenturycyber

Taylor's parents put $5000 into a college savings account that pays a 5% interest rate when she was born. The account will earn interest for 18 years. How much interest was earned on her 18th birthday? How much money will Taylor have in her college savings account when she starts her first year of college?

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Taylor's parents put $5000 into a college savings account that pays a 5% interest rate when she was...