SOLUTION: At the time of her grandson's birth, a grandmother deposits $ 9000$in an account that pays 3 % compounded monthly. What will be the value of the account at the child's twenty-first
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Question 1101732: At the time of her grandson's birth, a grandmother deposits $ 9000$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? Answer by greenestamps(13200) (Show Source):