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- points UTPBFIN1 IV.8.018. My Notes Your grandmother has been putting $1,000 into a savings account on every birthday since your first (that is, when

- points UTPBFIN1 IV.8.018. My Notes Your grandmother has been putting $1,000 into a savings account on every birthday since your first (that is, when you turned one). The account pays an interest rate of 4% How much money (in %) will be in the account immediately after your grandmother makes the deposit on your twenty-second birthday? (Round your answer to the nearest cent.)

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