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An Initial Investment of $660 Is Appreciated for 11 Years

Question 80

Multiple Choice

An initial investment of $660 is appreciated for 11 years in an account that earns 1% interest, compounded continuously. Find the amount of money in the account at the end of the period.


A) $39,516,933.46
B) $736.74
C) $722.81
D) $1650.62

Correct Answer:

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