What Will Be the Amount in an Account with Initial

question 94

Multiple Choice

What will be the amount in an account with initial principal $9000 if interest is compounded continuously at an annual rate of 7.25% for 7 years?

• A) $14,950.20
• B) $5066.20
• C) $9676.74
• D) $9000.00

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Definitions:

Needs Analysis Model

A systematic approach for identifying and assessing needs within an organization or system to inform improvements or interventions.

Employee Absenteeism

The frequent absence of an employee from work, beyond normal or expected levels, that can affect business productivity.

Customer Complaints

Feedback from customers expressing dissatisfaction with a product or service.

Needs Analysis Process

The systematic process of identifying and evaluating the needs or gaps in a system or organization to determine necessary actions.