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    Exam 16: Exponential and Logarithmic Equations
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    Charlie Invested $2400 at an Interest Rate of 5% for 5
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Charlie Invested $2400 at an Interest Rate of 5% for 5

Question 35

Question 35

Multiple Choice

Charlie invested $2400 at an interest rate of 5% for 5 years, where it was compounded continuously. If A = Peni, calculate the accumulated amount.


A) $12,326.64
B) $3,081.66
C) $6,163.32
D) $24,653.29

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