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Your grandma gave you $50 to start a college fund when you were born. This...

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Accounting

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Your grandma gave you $50 to start a college fund when you were born. This account earns 4% interest compounded yearly. Then, she gave you $10 in this account on each of your birthdays. Not to be outdone, your grandpa started giving you $20 per year in this account starting on your 8th birthday. How much much money is in this account on your 18th birthday (after your grandma and grandpa made their deposits)

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