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Mathematics

1 answer:

yawa3891 [41]2 years ago

4 0

Step-by-step explanation:

3000 is the base amount of money. (1+.02) represents an increase of 2% in interest each year. (1+.02)^n-2 ; where n equals her age today. So, n-2 is the time since the money was invested, or 16.

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