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If You Invest $12,000 at 9% Interest Compounded Continuously, What

Question 43

Multiple Choice

If you invest $12,000 at 9% interest compounded continuously, what is the average amount in your account over one year Round your answer to the nearest cent.


A) $12,556.57
B) $12,460.54
C) $12,844.66
D) $12,652.60
E) $12,748.63

Correct Answer:

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