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On Antonio's first birthday, his parents deposited $2,000 into a savings account that earns a fixed rate of 6.00% and compounds interest annually. By Antonio's

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On Antonio's first birthday, his parents deposited $2,000 into a savings account that earns a fixed rate of 6.00% and compounds interest annually. By Antonio's 20th birthday, his account will have accumulated (Hint: Round your answer to the nearest cent.) What-1f Scenario If Antonio's parents had waited until his 10th birthday to make their initial deposit of $2,000 into the same account, by Antonio's 20 th birthday, the balance would have been (Hint: Round your answer to the nearest cent.)

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