The first payment is made one quarter from now what will be


When Samantha was born, her parents set up an account to save for her college fund. They decided to make payments of $250 quarterly for 18 years into the account,t which pays 7.2% interest compounded monthly. The first payment is made one quarter from now. What will be the balance in the account at the end of 18 years?

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Financial Management: The first payment is made one quarter from now what will be
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