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How much will be in the savings account on david and kathy

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David and Kathy Hatcher invested $5,000 in a savings account paying 6% annual interest when their daughter, Sue, was born. They also deposited $500 on each of her birthdays until she was 18 (including her 18th birthday). How much will be in the savings account on her 18th birthday (after the last deposit)?

Reference no: EM13873430

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