How much money will be in the account immediately, Financial Management

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How much money will be in the account immediately

Problem

Your grandmother has been putting $ 4000 into a savings account on every birthday since your first (that is, when you turned one). The account pays an interest rate of 10 %.

How much money will be in the account immediately after your grandmother makes the deposit on your 18th birthday?

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Financial Management: How much money will be in the account immediately

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Financial Management: How much money will be in the account immediately

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