Zulemiarsquos grandparents set up an account when she was


Zulemia’s grandparents set up an account when she was born. The account earned 3.75% compounded monthly. She turned 18 today and she has $40000.00 in the account. How much money did her grandparents deposit on the day she was born?

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Financial Management: Zulemiarsquos grandparents set up an account when she was
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