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When Mrs. Swarnet was 23, she made a life-changing decision after stealing a $5 bill from an old lady in New York. To conceal her actions, she deposited the money into a bank account in the Cayman Islands, where it doubles every year. Now at 29, she's curious about her current balance and future prospects at 32. This intriguing tale not only highlights the risks of her early actions but also presents a mathematical puzzle: how to express her growing fortune with an equation.
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When my friend Mrs. Swarnet was 23, she went to New York. She saw an old lady carrying a $5 bill. She swiftly ran up to her, yanked it out of her hand, and ran to hide from the authorities. In order to keep them off of her trail she hid the money in a bank account in the Caymans. The bank account doubles her money every year. How much money does she have now that she is 29? How much will I, I mean she, have when she is 32? Can you write an equation for the situation because I, I mean she, would like to check my, uhh, her balance often?
