Your wealthy uncle established a $2,600 bank account for you when you were born. For...

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Finance

Your wealthy uncle established a $2,600 bank account for you when you were born. For the first 7 years of your life, the interest rate earned on the account was 5%. Since then, rates have been only 3%. Now you are 22 years old and ready to cash in. How much is in your account?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
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