Jessie's Dry Cleaner began making $2,000 equal, annual deposits in a fund starting on January 2, 2014. The fund earns 10% compounded annually, and the last deposit is made on January 2, 2018. How much will be in the fund on January 2, 2019, one year after the final deposit?
A) $15,000
B) $13,431
C) $12,105
D) $10,641
Correct Answer:
Verified
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