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How much was in the savings account on her 18th birthday

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Jack and Susan Stine invested $5,000 in a savings account paying 4% annual interest when their daughter, Regina, was born. They also deposited $1,000 on each of her birthdays until she was 18 (including her 18th birthday). How much was in the savings account on her 18th birthday (after the last deposit)?

Reference no: EM13558158

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