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What Will Be the Amount in an Account with Initial $6000\$ 6000

Question 240

Multiple Choice

What will be the amount in an account with initial principal $6000\$ 6000 if interest is compounded continuously at an annual rate of 5.25%5.25 \% for 7 years?


A) $6000.00\$ 6000.00
B) $6323.42\$ 6323.42
C) $2789.80\$ 2789.80
D) $8664.72\$ 8664.72

Correct Answer:

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