Solved

Find the Accumulated Amount After 5 Year(s) If $7,000 Is

Question 142

Multiple Choice

Find the accumulated amount after 5 year(s) if $7,000 is invested at 9% compounded continuously. Round your answer to the nearest cent.

A) $10,959.77
B) $10,870.79
C) $10,978.19
D) $10,923.56

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