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    Calculus for Business Economics
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    Exam 4: Exponential and Logarithmic Functions
  5. Question
    If $7,000 Is Invested at 6% Interest Compounded Monthly, the Balance
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If $7,000 Is Invested at 6% Interest Compounded Monthly, the Balance

Question 125

Question 125

True/False

If $7,000 is invested at 6% interest compounded monthly, the balance after 10 years will be $12,735.78.

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