Mike and linda jeter invested 10000 in a savings account, Financial Accounting

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Mike and linda jeter invested 10000 in a savings account

Mike and Linda Jeter invested $10,000 in a savings account paying 4% annual interest when their daughter, Andrea was born. They also deposited $3,000 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)?

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Financial Accounting: Mike and linda jeter invested 10000 in a savings account

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