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At the time of her grandson's birth, a grandmother deposits $15,000 in an account that...

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Basic Math

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At the time of her grandson's birth, a grandmother deposits $15,000 in an account that pays 9% compounded monthly. What will be the value of the account at thechild's twenty-first birthday, assuming that no other deposits or withdrawals are made during this period?Click the icon to view some finance formulas.The value of the account will be $(Round to the nearest dollar as needed.)

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