Business, 06.01.2021 17:50 vanessaharlan01

Your generous grandmother has just announced that she’s opened a savings account for you with a deposit of $10,000. Moreover, she intends to make you 9 more similar gifts, at the end of this year, next year, etc. If the savings account pays 8% interest, how much will you have accumulated at the end of 10 years (one year after the last gift)?

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