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    College Algebra in Context
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    Exam 5: Exponential and Logarithmic Functions
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    Find the Amount of Money in an Account After 7
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Find the Amount of Money in an Account After 7

Question 171

Question 171

Multiple Choice

Find the amount of money in an account after 7 years if $2900 is deposited at 8% annual interest compounded semiannually.


A) $5048.97
B) $5021.86
C) $5067.52
D) $4970.09

Correct Answer:

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