How Much Interest Will Be Earned in an Account into Which

question 71

Multiple Choice

How much interest will be earned in an account into which $1,000 is deposited for one year with continuous compounding at a 13% rate?

• A) $130.00
• B) $138.83
• C) $169.00
• D) $353.34

Identify the characteristics and physical properties of ionic compounds.

Understand the principles of writing and balancing chemical equations.

Apply the concept of moles in determining the mass of substances.

Distinguish between different types of chemical nomenclature and common names for compounds.

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