If You Invest $12,000 at 9% Interest Compounded Continuously, What

question 43

Multiple Choice

If you invest $12,000 at 9% interest compounded continuously, what is the average amount in your account over one year Round your answer to the nearest cent.

• A)$12,556.57
• B) $12,460.54
• C) $12,844.66
• D) $12,652.60
• E) $12,748.63

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Definitions:

Environmental Goals

Objectives set by an organization or a government to reduce environmental impact and promote sustainability.

Social Goals

Objectives that relate to improving societal well-being and addressing the needs of a community or population.

Enhanced Profits

Increased earnings resulting from improved business operations, pricing strategies, cost reduction, or sales growth.

Triple Bottom Line Framework

This framework evaluates a company's performance in terms of social, environmental, and financial outcomes, emphasizing sustainability and corporate responsibility.