SOLUTION: At the time of her grandson's birth, a grandmother deposits $10,000 in an account that pays 3% compounded monthly. What will be the value of the account at the child's twenty
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Question 1175044: At the time of her grandson's birth, a grandmother deposits $10,000 in an account that pays 3% compounded monthly. What will be the value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawals are made during this period?
The value of the account will be $ Answer by Solver92311(821) (Show Source):