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Your grandmother has been putting $5,000 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 $5,000 into a savings account on every birthday since your first (that is, when you turned one). The account pays an interest rate of 8%. How much money will be in the account immediately after your grandmother makes the deposit on your 18 th birthday The amount in the account upon your 18 th birthday is $ (Round to the nearest dollar.)

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