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When Michael was born his parents belt 1500 into an account that yields 1.4% interest compounded monthly when he turned 16 his parents will give him the money to buy a car how much will Michael receive
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When Michael was born his parents belt 1500 into an account that yields 1.4% interest compounded monthly when he turned 16 his parents will give him the money to buy a car how much will Michael receive on the 16th birthday

User Fabien Salles
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Use this expression to solve the problem
When Michael was born his parents belt 1500 into an account that yields 1.4% interest-example-1
User Okonos
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