If you deposit $1,000 in an account that pays 6% annual interest compounded continuously what will the balance be after 5 years
a.$1,232.06
b. 1,349.86
c. 29,803.91
d. 1,932.06
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Home » Mathematics » If you deposit $1,000 in an account that pays 6% annual interest compounded continuously what will the balance be after 5 years a.$1,232.06 b. 1,349.86 c. 29,803.91 d. 1,932.06