if you deposit $500/month into a college fund with APR 4.5%, how much do you have after 18 years of payment?

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter9: Current Liabilities, Contingencies, And The Time Value Of Money
Section: Chapter Questions
Problem 9.18E
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if you deposit $500/month into a college fund with APR 4.5%, how much do you have after 18 years of payment?
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