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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 7% Interest for 20 Years
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If $7,000 Is Invested at 7% Interest for 20 Years

Question 48

Question 48

True/False

If $7,000 is invested at 7% interest for 20 years, there will be $400 more if the compounding is continuous rather than quarterly.

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