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You have just turned 21 and want to cash out a savings account your Grandparents set up for you. Your Grandparents deposited $1,000 on each

You have just turned 21 and want to cash out a savings account your Grandparents set up for you. Your Grandparents deposited $1,000 on each birthday, starting with your first. How much is in the account right now, assuming you earned a 5.72% compounded annual return?

$21,000
$36,643
$38,739
$39,909

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