Problem
A family starts an education fund for their son Patrick when he is 8 years old, investing $150 on his eighth birthday, and increasing the yearly investment by $150 per year until Patrick is 18 years old. The fund pays 9% annual interest. What is the fund's future worth when Patrick is 18?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.