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Ever since your first birthday, your parents have been depositing $1,100 into a college savings account on every one of your birthdays. The account pays

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Ever since your first birthday, your parents have been depositing $1,100 into a college savings account on every one of your birthdays. The account pays 5% interest annually. Immediately after your parents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to which of the following? A. $18,567.37 B. $37,134.74 C. $43,323.87 D. $30,945.62

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