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11. An investor places $10,000 in a savings account that earns 3% compounded annually. Most nearly, what is the expected value of the investment at

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11. An investor places $10,000 in a savings account that earns 3% compounded annually. Most nearly, what is the expected value of the investment at the end of 15 years? (A) $15,600 (B) $16,000 (C) $19,600 (D) $31,000

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