[Solved] Isaac invests $11,000 in a money market a

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Isaac invests $11,000 in a money market account at his local bank. He receives annual interest of 11% for 10 years. How much return will

Isaac invests $11,000 in a money market account at his local bank. He receives annual interest of 11% for 10 years. How much return will his investment earn during this time period? Use Appendix A to calculate the answer.

Multiple Choice

$3,872

$20,229

$28,913

$31,229

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