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Ginger Ellison invested $10,000 in a bank account at Offshore bank. The account pays 4% interest compounded annually. How much will Ginger have in five
Ginger Ellison invested $10,000 in a bank account at Offshore bank. The account pays 4% interest compounded annually. How much will Ginger have in five years? (round to the nearest dollar)
a. $12,167
b. 11,108
c. 10,123
d. 12,619
e. None of the above
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