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Jane Deposited $1000 into a Saving Account Paying 12% Interest

Question 24

Multiple Choice

Jane deposited $1000 into a saving account paying 12% interest compounded continuously.After 45 years, how much money did she have in the account?

A) $25,759.09
B) $157,896.32
C) $221,406.42
D) $257,895.78

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