An Account Now Contains $11,300 and Has Been Accumulating Interest

question 20

Multiple Choice

An account now contains $11,300 and has been accumulating interest at a 9% annual rate, compounded continuously, for 9 years.Find the initial deposit.

• A)$5,026.90
• B)$11,209.29
• C)$11,207.59
• D)$11,279.45
• E)$5,021.11

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Definitions:

Oncogenes

Genes that have the potential to cause a normal cell to become cancerous when mutated or expressed at high levels.

Oncogenic

Pertaining to, causing, or capable of causing the formation and growth of tumors.

Osteogenic

Pertaining to the formation of bone or having the ability to produce bone.

Biopsy

A medical test involving the extraction of sample tissue or cells from the body for examination to diagnose disease.