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Since your first birthday, your grandparents have been depositing $1,300 into a savings account on every one of your birthdays. The account pays 5% interest

Since your first birthday, your grandparents have been depositing

$1,300 into a savings account on every one of your birthdays. The account pays

5% 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 ________.

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