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Your grandfather invested $10,000 on the birth of his granddaughter to help pay for college. The money was placed in a bank account paying an

Your grandfather invested $10,000 on the birth of his granddaughter to help pay for college. The money was placed in a bank account paying an APY of 3.0% with monthly compounding. How much will the granddaughter have when she goes to college in 18 years (ignoring taxes)

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