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Solve the Problem. -If $7000 Is Invested at 8% Compounded Continuously, Determine the Continuously

Question 63

Multiple Choice

Solve the problem.
-If $7000 is invested at 8% compounded continuously, determine the balance in the account after 3 years.

A) $8898.74
B) $8817.98
C) $8680.00
D) $8998.74

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