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Since your THIRD birthday, your grandparents have been depositing $ 1 2 0 0 into a savings account on every one of your birthdays. The

Since your THIRD 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, what the amount of money in your savings account will be?

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