A family that won a 100000 prize on americarsquos funniest, Ask an Expert

Economics

A family that won a $100,000 prize on America’s Funniest Home Videos decided to put one-half of the money in a college fun for their child who was responsible for the prize. If the fund earned interest at 6% per year, how much was in the account 14 years after it started?

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Business Economics, Economics

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