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Interest rate earned on the account

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Your wealthy uncle established a bank account with $2,100 for you when you were born. For the first 9 years of your life, the interest rate earned on the account was 4%. Since then, rates have been only 2%. Now you are 23 years old and ready to cash in. How much is in your account? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM132354791

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