Multiple Choice
The Armstrongs wish to establish a custodial account to finance their children's education. If they deposit $600 monthly for 10 years in a savings account paying 6% / year compounded continuously, how much will their savings account be worth at the end of this period? Round your answer to the nearest dollar.
A) $99,877
B) $98,654
C) $100,786
D) $94,327
Correct Answer:
Verified
Correct Answer:
Verified
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