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What age the grandson can withdraw

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Question 1: Frank's only grandson is currently 4 years old. Frank makes an arrangement to deposit $967 at the end of every month into an account for his grandson until it accummulates to $202,150. If the account pays constantly 9.6% interest on deposits, at what age his grandson can withdraw $202,150? (Write the age in years only like '19.23 years').

Reference no: EM132493840

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