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Since your first birthday, your grandparents have been depositing $1200 into a savings account on every one of your birthdays. The account pays 6% interest
Since your first birthday, your grandparents have been depositing $1200 into a savings account on every one of your birthdays. The account pays 6% 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 ________.
Group of answer choices
$ 21,600.00
$ 12,993.12
$ 41,632.67
$ 44,504.14
$ 22,252.07
$ 37,086.78
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