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Aiso Deposits $130/month in a Savings Account Paying 5% /Year

Question 156

Multiple Choice

Aiso deposits $130/month in a savings account paying 5% /year compounded continuously. Estimate the amount that will be in his account after 5 years. Round your answer to the nearest dollar. ​


A) $8,862
B) $10,096
C) $4,541
D) $11,005

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