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9. Your grandparents put $1,000 into a savings account for you when you were born 20 years ago. This _- account has been earning interest

9. Your grandparents put $1,000 into a savings account for you when you were born 20 years ago. This _- account has been earning interest at a compound rate of 7 percent. What is its value today to the nearest dollar? a. $3,583 b. $3,870 c. $1,967 d. $3,026

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