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22 December, 03:54

If $1,000 is invested at 16% interest, compounded continuously, for five years,

what is the ending balance?

-

$1,225,54

$2,225.54

$225.54

$22,255.40

+5
Answers (1)
  1. 22 December, 07:07
    0
    2,225.54

    Step-by-step explanation:

    I am not sure if I am correct or not but it is either the first or second one.
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