The amount of money in your savings account

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Reference no: EM131187977

Since your first birthday, your grandparents have been depositing $1,000 into a savings account on every one of your birthdays. The account pays 4% interest annually. Immediately after your grandparents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to: A) $12,659 B) $36,465 C) $18,000 D) $25,645

Reference no: EM131187977

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