On Each of Two Days (January 1, 2005 and January $\int_{0}^{2} 500 e^{0.08 t} d t$

question 77

Multiple Choice

On each of two days (January 1, 2005 and January 1, 2006) , a person deposits $500 in a savings bank.The bank deposits interest in the account at a rate of 8%, compounded continuously.Choose the sum/integral that gives the size of the bank account at the end of 2006.

• A) \(\int_{0}^{2} 500 e^{0.08 t} d t\)
• B) \(\int_{0}^{2}\left(500+500 e^{0.08 t}\right) d t\)
• C) \(500+500 e^{0.08}\)
• D) \(\left(500+500 e^{0.08}\right) e^{0.08}\)

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