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Christy Reed made a $2000 deposit in her savings account on her 21st birthday, and she has made another $2000 deposit on every birthday since
Christy Reed made a $2000 deposit in her savings account on her 21st birthday, and she has made another $2000 deposit on every birthday since then. Her account earns 7% compounded annually. How much will she have in the account after she makes the deposit on her 32nd birthday?
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