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Kofi now has $ 5 0 0 . How much would he have after 1 1 years if he leaves it invested at 7 .

Kofi now has $500. How much would he have after 11 years if he leaves it invested at 7.0% with annual compounding?
a. $1,052.43
b. $1,065.76
c. $535.00
d. $983.58
e. $1,110.86

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