Terry has a savings account that pays 1.9% interest per year. Terry’s grandmother opened the account for him on his

Terry has a savings account that pays 1.9% interest per year. Terry’s grandmother opened the account for him on his 10th birthday and deposited $500. How much will Terry have in the account on his 14th birthday if no other deposits or withdrawals are made? Interest earned each year is added to the account at the end of the year.

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