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July 29, 2015

Homework Help: Finance

Posted by Mya on Monday, March 21, 2011 at 9:12pm.

Your grandparents deposit $1,000 each year on your birthday, starting the day you are born, in an account that pays 6% interest compounded annually. How much will you have in the account on your 30th birthday, just after your grandparents make their deposit.

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