What is the original put in the account

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Reference no: EM131884481

Suppose that on the day you were born your grand father opened an account for you that pays 8% APR? On your 18th birthday there is $5000in this account.

1. How Much money will be in 25th birthday?

2. What if you left money until 65th birthday?

3. What is the original put in the account

Reference no: EM131884481

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