Multiple Choice
An account now contains $10,186 and has been accumulating interest at 4% annual interest, compounded continuously, for 6 years. Find the initial deposit. Round answer to the nearest cent.
A) $12,948.94
B) $9,786.60
C) $8,012.59
D) $8,050.14
Correct Answer:
Verified
Correct Answer:
Verified
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