Your grandfather put some money into an account for you on the day you were born. You are now

18

years old and are allowed to withdraw the money. The account currently has

$5,802

in it and pays an interest rate of

8%.

a. How much money would be in the account if you left the money there until your 25th birthday?

b. What if you left the money until your 65th birthday?

c. How much money did your grandfather originally put into the account?