Mathematics

Mathematics, 19.05.2020 03:24, cooljazzy1234

Carolyn has been contributing $350 per month to a pre-tax retirement account since she graduated college at the age of 22. This account has been earning 7% compounded monthly. When she is 48, her youngest child is ready to start college, and Carolyn wants to withdraw 20% of the money in the account for tuition. How much money does Carolyn withdraw for her youngest child's tuition?

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