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Elijah invests $200 per month earning 7.0% (annual rate) for 10 years. After 10 years, he takes all the money from his account and invests
Elijah invests $200 per month earning 7.0% (annual rate) for 10 years. After 10 years, he takes all the money from his account and invests it into a new fund that earns 9.5% annually. He does not add any more money to the account. The money grows for 15 more years. How much money does Elijah have at the end of the 15 years? \begin{tabular}{c} \hline$2,016,000.00 \\ \hline$34,616.96 \\ \hline$135,051.91 \\ \hline$360,210.92 \end{tabular}
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