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since your first birthday you uncle has been deposited 500 into a savings account ( he placed 1,000 in account on your first birthday) on

since your first birthday you uncle has been deposited 500 into a savings account ( he placed 1,000 in account on your first birthday) on everyone of your birthdays. the account pays 4% interest annually. Immediately after your uncle makes the deposit on your 18th birthday the amount of money in your savings account will be closest to

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