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17 November, 19:25

If you deposit $900 in an account that pays 5% annual interest compounded continuously, what will the balance be after seven years?

A. $1,832.06

B. $1,277.16

C. $932.06

D. $29,803.91 ... ?

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Answers (2)
  1. 17 November, 20:28
    0
    The answer is B. $1,277.16
  2. 17 November, 20:59
    0
    The right answer is B option. This is too close to my calculations.
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