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If You Invested $2,000 in an Account That Pays 12

Question 7

Multiple Choice

If you invested $2,000 in an account that pays 12% interest, compounded continuously, how much would be in the account in 5 years?

A) $3,524.68
B) $3,644.24
C) $3,581.70
D) $3,200.00

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