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Your parents established a $9100 bank account for you when you were born. For the first 4 years of your life, the interest rate earned
Your parents established a $9100 bank account for you when you were born. For the first 4 years of your life, the interest rate earned on the account was 8.0 percent. Since then, rates have been only 9.5 percent. Now you are 19 years old and ready to cash in. How much is in your account?
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