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16.Todd Sturgis deposits $1000 in a savings account that compounds at 4% annually. How much will he have in eight years? (Round to the nearest

16.Todd Sturgis deposits $1000 in a savings account that compounds at 4% annually. How much will he have in eight years? (Round to the nearest dollar). Select one: a. $1369 b. $1310 c. $1411 d. $1406

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