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How much money did grandfather originally put in the account

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Your grandfather put some money in an account for you on the day you were born. You are now 18 years old and are allowed to withdraw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate.

Question 1: So, how much money did your grandfather originally put in the account?

Reference no: EM132555227

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