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Since your first birthday, your grandparents have been depositing $1,100 into a savings account on every one of your birthdays. The account pays 8% interest

image text in transcribed Since your first birthday, your grandparents have been depositing $1,100 into a savings account on every one of your birthdays. The account pays 8% interest annually. Immediately after your grandparents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to: A. $24,717.16 B. $57,673.38 C. $49,434.32 D. $41,195.27

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