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Doriss grandparents have been depositing $200 into Doriss savings account on every month, starting from the first month after her first birthday. The account pays
Doriss grandparents have been depositing $200 into Doriss savings account on every month, starting from the first month after her first birthday. The account pays 6% interest compounded monthly. Immediately after Doriss grandparents make the last monthly deposit on Doriss 18th birthday, the amount of money in Doriss savings account will be closest to ________.
a.
$25,667.19
b.
$141,292.44
c.
$141,998.91
d.
$25,539.50
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