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Kai Chang made a $4,200 deposit in her savings account on her 21 st birthday, and she has made another $4,200 deposit on every birthday
Kai Chang made a $4,200 deposit in her savings account on her 21 st birthday, and she has made another $4,200 deposit on every birthday since then. Her account earns 10 percent compounded annually. How much will she have in the account after she makes the deposit on her 32 nd birthday? Use for an approximate answer, but calculate your final answer using the formula and financial calculator methods. Note: Do not round intermediate calculations. Round your final answer to 2 decimal places
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