Question: Question 8 (1 point) When Sidney was four years old, she received $500 from her relatives as a birthday gift. Her mom helped her deposit

Question 8 (1 point) When Sidney was four years old, she received $500 from her relatives as a birthday gift. Her mom helped her deposit the money in a bank account. The interest rate on the account has been fixed at 6% compounded annually. Now Sidney is 16 years old. How much does she have on the account

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