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Question 15 (8 points) Listen Assume Jed Gerbil invested $ 11,108 into an account exactly two years ago. The account has an interest rate of
Question 15 (8 points) Listen Assume Jed Gerbil invested $ 11,108 into an account exactly two years ago. The account has an interest rate of 11.9 % p.a. How much does Jed have in his account today (that is, exactly two years after the initial deposit)? (Round your answer to the nearest cent and record your answer without a dollar sign and without commas. For example, record $1,356.8382 as 1356.84)
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