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If $900 Is Deposited in a Savings Account That Pays

Question 12

Multiple Choice

If $900 is deposited in a savings account that pays interest at a rate of If $900 is deposited in a savings account that pays interest at a rate of % per year compounded continuously, find the balance after 7 years. A) $1,393.95 B) $1,369.77 C) $3,484.87 D) $581.08 E) $1,418.56 % per year compounded continuously, find the balance after 7 years.


A) $1,393.95
B) $1,369.77
C) $3,484.87
D) $581.08
E) $1,418.56

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