Christy reed made a 3500 deposit in her savings account on, Ask an Expert

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Christy Reed made a $3,500 deposit in her savings account on her 21st birthday, and she has made another $3,500 deposit on every birthday since then. Her account earns 6 percent compounded annually.

How much will she have in the account after she makes the deposit on her 32nd birthday? Calculate your final answer using the formula and financial calculator methods.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92715816

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