Since your first birthday, your grandparents have been depositing $100 into a savings account every month. The account pays 4% interest annually. Immediately after your grandparents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to:
A) $31 559
B) $11 941 266
C) $30 774
D) $21 600
Correct Answer:
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