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Please answer every part to the question. Will upvote if correct and if done in the next hour. Thanks. George and Sandra Garfield invested $6,500
Please answer every part to the question. Will upvote if correct and if done in the next hour. Thanks.
George and Sandra Garfield invested $6,500 in a savings account paying 4% annual interest when their daughter, Donna, was born. They also deposited $1,700 on each of her birthdays until she was 15 (including her 15th birthday). Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much was in the savings account on her 15th birthday (after the last deposit)? (Round answer to 2 decimal places, e.g. 25.25.) Amount on 15th birthday $Step by Step Solution
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