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Caroline is schedule to receive $8,000 in 4 years. When she receives it, she will immediately invest it for 7 more years in a savings

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Caroline is schedule to receive $8,000 in 4 years. When she receives it, she will immediately invest it for 7 more years in a savings account that earns 4% annually. Approximately, how much money will she have at the end of year 11? $12,315.6 O $9,358.9 O $8.320.0 $10,527.5

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