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Colleens grandfather set up a savings account for her with a $25,000 gift when she was first born. The account accumulated interest annually at a
Colleens grandfather set up a savings account for her with a $25,000 gift when she was first born. The account accumulated interest annually at a rate of 6% per year and no other deposits were made to the account. Colleen is 21 years old today. To date, how much has accumulated in Colleens account?
$79,231.88
$84,989.09
$98,656.75
$101,378.92
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