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Ellen Reeves recently opened a savings account. If Ellen deposits $1000 and this amount compounded annually at 6%, how much will Ellen have at the

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Ellen Reeves recently opened a savings account. If Ellen deposits $1000 and this amount compounded annually at 6%, how much will Ellen have at the end of five years (round your answer to the nearest dollar)? Compound Value Interest Factors Period 29 446 66 89 10% 1296 159 20% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 1.0200 1.0404 1.0612 1.0624 1.1041 1.1262 1.1487 1.1717 1.1951 1.2190 1.2434 1.2682 1.2936 1.3195 1.3459 1.3720 1A002 14282 1.4568 14859 1.0400 1.0600 1.0816 1.1236 1.1249 1.1910 1.1699 12625 1.2167 1.3382 1.2653 1.4185 1.315915036 1.3686 1.5938 14233 1.6895 1.4402 1.7908 15396 1.8983 1.6010 20122 1.6651 2.1329 1.3317 2.2609 1.8009 23956 1.8730 2.5404 1.9479 2.6928 2.0258 28543 2.1068 3.0256 2.1911 3.2071 1.0800 1.6640 1.2597 1.3605 1.4693 1.5859 1.7138 1.8509 1.9990 2.1589 2.3316 2.5182 2.7196 2.9372 3.1722 3.4259 3.7000 3.9960 4.3157 46610 1.1000 1.1200 1.2100 1.2514 1.3310 1.4049 1.4641 15735 1.6105 1.7623 1.7716 1.9738 1.9487 2.2107 2.1436 24760 2.3579 2.7731 2.5937 3.1058 2.8531 3.4785 3.1384 3.8960 3.4523 4.3635 3.7975 4.8871 4.1772 5.4736 4.5950 6.1304 5.0545 6.8660 5.5599 76900 6.1159 8.6128 6.7275 9.6463 1.1 500 1.2000 1.3225 14400 15209 1.7280 1.7490 2.0736 20114 24883 2.3131 7.9860 2.6500 3.5832 3.0590 4.2998 3.5179 5.1598 4.0456 6.1917 4.6524 74301 5.3502 8.9161 6.1528 10.6990 7.0757 12.8390 6.1371 15.4070 9.3576 18.4880 10.7610 22.1860 123750 26.6230 14.2310 31.9480 16.3660 38.3370 Select one: a. $1338 b. $1262 c. $1191 d. $1000

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