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2. If you put $1,000 in a savings account at the end of each year for 11 years, how much money will be in the

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2. If you put $1,000 in a savings account at the end of each year for 11 years, how much money will be in the account at the end of the 11th year? Assume that the account earns 11% per annum and round to the nearest dollar. A. $3,152 B. $6,207 C. $12,210 D. $19,561. E. None of the above

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