Kai Chang made a $2,000 deposit in her savings account on her 21st birthday, and she has
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Kai Chang made a $2,000 deposit in her savings account on her 21st birthday, and she has made another $2,000 deposit on every birthday since then. Her account earns 7 percent compounded annually. How much will she have in her account after she makes the deposit on her 32nd birthday?
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Related Book For 
Foundations Of Financial Management
ISBN: 9781264097623
18th Edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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