Your grandmother has been putting $3000 into a savings account on every birthday since your first (that
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Your grandmother has been putting $3000 into a savings account on every birthday since your first (that is, when you turned 1). The account pays an interest rate of 3%. How much money will be in the account on your 18th birthday immediately after your grandmother makes the deposit on that birthday?
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So there will be 27810 in ...View the full answer
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