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Please show all work. Thank you. 3. Maria's parents tell them that they will set up a savings account for their first grandchild. They have

Please show all work. Thank you. image text in transcribed
3. Maria's parents tell them that they will set up a savings account for their first grandchild. They have $15,000 to invest and have identified an account that pays 2.6% compounded monthly. Since Maria just finished a course on consumer mathematics, she decides to calculate how much the account will have in it and the interest earned at the end of 18 years. Answer each of the following questions separately, showing all your work to reach each answer. a. How much money will Maria calculate to be in the account at the end of 18 years? How much interest will be earned at the end of 18 years? What is the total growth of her money in percent) if she compares the final interest gained to the original invested amount

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