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If $900 Is Deposited in a Savings Account That Pays

Question 42

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) $1,418.56 B) $581.08 C) $1,369.77 D) $1,393.95 E) $3,484.87 % per year compounded continuously, find the balance after 7 years.


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

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