Multiple Choice
If you invest $20,000 at 7% interest compounded continuously, what is the average amount in your account over 1 year
Please round your answer to the nearest cent.
A) $20,700.00
B) $5,350.00
C) $10,700.00
D) $21,400.00
E) $20,716.62
Correct Answer:
Verified
Correct Answer:
Verified
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