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Nancy Invested $1800 at an Interest Rate of 6% for 4

Question 7

Multiple Choice

Nancy invested $1800 at an interest rate of 6% for 4 years, where it was compounded continuously. If A = Peni, calculate the accumulated amount.


A) $2,288.25
B) $4,576.50
C) $18,305.99
D) $9,152.99

Correct Answer:

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