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Helen and Hugh Kendrick decide to give Amanda, their 20-year old daughter, an extended birthday gift. They deposit 2,000 TL in her name on her

Helen and Hugh Kendrick decide to give Amanda, their 20-year old daughter, an extended birthday gift. They deposit 2,000 TL in her name on her next five birthdays at a nominal rate of 8% compounded annually, and then they stop the annual deposits. Amanda leaves the accumulated amount invested at 8%. How much does Amanda have when she turns 45?

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