If $900 Is Deposited in a Savings Account That Pays

question 69

Multiple Choice

If $900 is deposited in a savings account that pays interest at a rate of % per year compounded continuously, find the balance after 7 years.

• A)$1,418.56
• B)$581.08
• C)$1,369.77
• D)$1,393.95
• E)$3,484.87

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