Question
Your grandmother has been putting $3,000 into a savings account on every birthday since your first (that is, when you turned 1). The account pays
Your grandmother has been putting $3,000 into a savings account on every birthday since your first (that is, when you turned 1). The account pays an interest rate of 6%. How much money will be in the account on your 18th birthday immediately after your grandmother makes the deposit on that birthday? The amount in the account upon your 18th birthday is $ _________ (Round to the nearest dollar.)
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
