A single deposit of $25,000 was made by your grandparents on the day you were born 25
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A single deposit of $25,000 was made by your grandparents on the day you were born 25 years ago. The balance in the account today if it grew at 10% per year is closest to:
(a) $201,667
(b) $241,224
(c) $270,870
(d) $296,454
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