Multiple Choice
An account now contains $13,200 and has been accumulating interest at a 7% annual rate, compounded continuously, for 9 years.Find the initial deposit.
A) $13,185.47
B) $7,030.21
C) $7,023.91
D) $13,134.59
E) $13,135.73
Correct Answer:
Verified
Correct Answer:
Verified
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