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Roger Crawford made a $2,000 deposit in his savings account on his 21 st birthday, and he has made another $2,000 deposit on every birthday

  1. Roger Crawford made a $2,000 deposit in his savings account on his 21stbirthday, and he has made another $2,000 deposit on every birthday since then. His account earns 8 percent compounded annually. How much will he have in his account after he makes the deposit on his 40th birthday? Show your work and explain your answer.

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