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Your grandmother has been putting $1,000 into a savings account on every birthday since your first (that is, when you turned one). The account pays

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Your grandmother has been putting $1,000 into a savings account on every birthday since your first (that is, when you turned one). The account pays an interest rate of 5%. How much money will be in the account immediately after your grandmother makes the deposit on your 18th birthday The amount in the account upon your 18th birthday is $ (Round to the nearest dollar.)

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