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11. Ellis Jackson deposits $5000 in a savings account that compounds at 12% annually. How much will he have in 15 years? (Round to the

11.

Ellis Jackson deposits $5000 in a savings account that compounds at 12% annually. How much will he have in 15 years? (Round to the nearest dollar).

image text in transcribed

Select one:

a. $27,040

b. $27,368

c. $27,010

d. $28,040

Ellis Jackson deposits $5000 in a savings account that compounds at 12% annually. How much will he have in 15 years? (Round to the nearest dollar).

image text in transcribed

Select one:

a. $27,040

b. $27,368

c. $27,010

d. $28,040

Ellis Jackson deposits $5000 in a savings account that compounds at 12% annually. How much will he have in 15 years? (Round to the nearest dollar).

image text in transcribed

Select one:

a. $27,040

b. $27,368

c. $27,010

d. $28,040v

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