Multiple Choice
Solve the problem.
-Suppose that $6000 is invested at an interest rate of 5.2% per year, compounded continuously. What is the balance after 2 years?Round to the nearest cent.
A) $6312.00
B) $6757.60
C) $6657.60
D) $6624.00
Correct Answer:
Verified
Correct Answer:
Verified
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